{"id":129206,"date":"2022-08-30T18:45:21","date_gmt":"2022-08-30T11:45:21","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/country-garden-chinas-biggest-developer-deeply-sorry-as-profits-tumble-96-per-cent-amid-struggling-property-market\/"},"modified":"2022-08-30T19:19:18","modified_gmt":"2022-08-30T12:19:18","slug":"country-garden-chinas-biggest-developer-deeply-sorry-as-profits-tumble-96-per-cent-amid-struggling-property-market","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/country-garden-chinas-biggest-developer-deeply-sorry-as-profits-tumble-96-per-cent-amid-struggling-property-market\/","title":{"rendered":"Country Garden, China\u2019s biggest developer, \u2018deeply sorry\u2019 as profits tumble 96 per cent amid struggling property market"},"content":{"rendered":"


\n\u2018We are facing a bitter winter that we have never seen in the history of China housing,\u2019 says CEO Mo Bin, as the country\u2019s biggest home builder reports worst results since 2007.
\n
\nSource : South China Morning Post
\nRead more…Country Garden, China\u2019s biggest developer, \u2018deeply sorry\u2019 as profits tumble 96 per cent amid struggling property market<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

\u2018We are facing a bitter winter that we have never seen in the history of...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-129206","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-xBY","jetpack-related-posts":[{"id":118361,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/country-garden-shimao-among-chinese-home-builders-betting-on-new-sectors-to-boost-profits-amid-struggling-property-market\/","url_meta":{"origin":129206,"position":0},"title":"Country Garden, Shimao among Chinese home builders betting on new sectors to boost profits amid struggling property market","date":"August 25, 2020","format":false,"excerpt":"\r China\u2019s major home builders are betting on new areas of business to shore up profit after the boom era of the 16 trillion yuan (US$2.3 trillion) housing market was brought to a halt by the Covid-19 pandemic crushing the economy and the government\u2019s persistent cooling measures.Country Garden Holdings, the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138701,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/country-gardens-stocks-bonds-tumble-after-chinese-developer-misses-us22-5-million-coupon-payments-on-offshore-note\/","url_meta":{"origin":129206,"position":1},"title":"Country Garden\u2019s stocks, bonds tumble after Chinese developer misses US$22.5 million coupon payments on offshore note","date":"August 8, 2023","format":false,"excerpt":"\r Country Garden Holdings, one of China\u2019s biggest property developers by sales, tumbled in both the shares and bonds markets amid concerns about its debt problems after it missed two US dollar bond coupon payments on Tuesday.\r \r Source : South China Morning Post\r Read more...Country Garden\u2019s stocks, bonds tumble\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":135135,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wharf-sees-2022-profits-tumble-92-per-cent-as-pandemic-batters-hong-kong-mainland-china-property-revenues\/","url_meta":{"origin":129206,"position":2},"title":"Wharf sees 2022 profits tumble 92 per cent as pandemic batters Hong Kong, mainland China property revenues","date":"March 9, 2023","format":false,"excerpt":"\r The developer saw every segment of its operations in Hong Kong and mainland China slow down, with net profit for the year falling 92 per cent amid what the company called \u2018weak markets\u2019 and \u2018pandemic woes\u2019.\r \r Source : South China Morning Post\r Read more...Wharf sees 2022 profits tumble\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":105123,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-biggest-developer-country-garden-sees-2018-core-profit-beat-estimates-but-analysts-are-not-convinced-about-future-earnings\/","url_meta":{"origin":129206,"position":3},"title":"China\u2019s biggest developer, Country Garden, sees 2018 core profit beat estimates, but analysts are not convinced about future earnings","date":"March 18, 2019","format":false,"excerpt":"\r Country Garden Holdings, China\u2019s biggest property developer by sales, has reported profit slightly ahead of estimates, though analysts said they are worried about its ability to continue to deliver.The Guangdong-based builder\u2019s core profit rose 38.2 per cent last year to 34.13 billion yuan (US$5.08 billion). That just beat the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":96401,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-largest-developer-country-garden-posts-80-per-cent-increase-in-first-half-core-net-profit\/","url_meta":{"origin":129206,"position":4},"title":"China\u2019s largest developer Country Garden posts 80 per cent increase in first-half core net profit","date":"August 21, 2018","format":false,"excerpt":"\r Country Garden Holdings, China\u2019s largest developer by sales, on Tuesday reported an 80.2 per cent increase in core net profit in the first half of the year, despite a slowdown in sales growth amid government cooling measures on the property market. Core net profit, which excludes valuation gains and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102026,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sales-at-chinas-top-developers-plunge-in-november-as-property-market-stares-at-year-of-recession\/","url_meta":{"origin":129206,"position":5},"title":"Sales at China\u2019s top developers plunge in November as property market stares at year of recession","date":"December 5, 2018","format":false,"excerpt":"\r Two of China\u2019s top three leading property developers saw their November sales plunge even after cutting prices by nearly a third at some of their projects, as fears of a housing recession grows larger. China Evergrande, the country\u2019s third-largest property developer by sales, reported on Tuesday that contracted sales\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/129206"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=129206"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/129206\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=129206"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=129206"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=129206"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}