{"id":135151,"date":"2023-03-10T16:30:09","date_gmt":"2023-03-10T09:30:09","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-chinese-estates-returns-to-profit-with-dividend-asset-revaluation-booster-following-first-annual-loss-since-2010\/"},"modified":"2023-03-10T16:39:26","modified_gmt":"2023-03-10T09:39:26","slug":"hong-kong-developer-chinese-estates-returns-to-profit-with-dividend-asset-revaluation-booster-following-first-annual-loss-since-2010","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-chinese-estates-returns-to-profit-with-dividend-asset-revaluation-booster-following-first-annual-loss-since-2010\/","title":{"rendered":"Hong Kong developer Chinese Estates returns to profit with dividend, asset revaluation booster following first annual loss since 2010"},"content":{"rendered":"


\nChinese Estates, controlled by the family of billionaire Joseph Lau, made a quick turnaround in 2022, aided by dividend income and a recovery in asset prices, according to its filing on Friday.
\n
\nSource : South China Morning Post
\nRead more…Hong Kong developer Chinese Estates returns to profit with dividend, asset revaluation booster following first annual loss since 2010<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Chinese Estates, controlled by the family of billionaire Joseph Lau, made a quick turnaround in...<\/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-135151","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-z9R","jetpack-related-posts":[{"id":47311,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-estates-2016-profit-tumbles-17-7pc-dragged-by-lower-rental-income\/","url_meta":{"origin":135151,"position":0},"title":"Chinese Estates 2016 profit tumbles 17.7pc, dragged by lower rental income","date":"March 9, 2017","format":false,"excerpt":"\r A week after a major share restructuring by the former chairman Joseph Lau Luen-hung, Chinese Estates Holdings reported 2016 net profit fell 17.7 per cent due to a sharp drop in rental income and smaller gains in revaluation on properties as a result of continuing asset disposals. For the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":125604,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-k-wah-reports-first-decline-in-core-profit-since-2017-in-absence-of-dividend-from-chairman-lui-che-woos-casino-firm-galaxy-entertainment\/","url_meta":{"origin":135151,"position":1},"title":"Hong Kong developer K Wah reports first decline in core profit since 2017 in absence of dividend from chairman Lui Che-woo\u2019s casino firm Galaxy Entertainment","date":"March 22, 2022","format":false,"excerpt":"\r K Wah International Holdings, the property developer owned by one of Macau\u2019s biggest casino owners, reported its first drop in annual core earnings since 2017 after a Covid-19 led tourism slump deprived it of dividends from the gambling business.The company\u2019s 2021 underlying profit, excluding a revaluation gain on investment\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":80687,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-estates-profit-tumbles-42pc-as-rentals-fall-after-former-chairmans-asset-sell-offs\/","url_meta":{"origin":135151,"position":2},"title":"Chinese Estates profit tumbles 42pc as rentals fall after former chairman\u2019s asset sell-offs","date":"February 22, 2018","format":false,"excerpt":"\r Chinese Estates Holdings, the Hong Kong property developer, has reported a 42 per cent plunge in full-year net profit for 2017 following a series of asset disposals, after a major share restructuring prompted by former chairman Joseph Lau Luen-hung\u2019s recent failing health. For the year to December, net profit\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":104221,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-developer-chinese-estates-holdings-says-full-year-profit-to-tumble-by-as-much-as-78-per-cent\/","url_meta":{"origin":135151,"position":3},"title":"Hong Kong property developer Chinese Estates Holdings says full-year profit to tumble by as much as 78 per cent","date":"February 21, 2019","format":false,"excerpt":"\r Hong Kong property developer Chinese Estates Holdings said on Wednesday it expected a drop as much as 78 per cent in its full-year net profit for 2018, which it said was down to poor sales performance and losses on investments.The net profit attributable to its shareholders will drop by\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":125591,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-estates-reports-us447-million-loss-for-2021-as-costs-of-china-evergrande-friendship-mount\/","url_meta":{"origin":135151,"position":4},"title":"China Estates reports US$447 million loss for 2021 as costs of China Evergrande friendship mount","date":"March 21, 2022","format":false,"excerpt":"\r Chinese Estates Holdings, a major ally of heavily-indebted Chinese developer China Evergrande Group controlled by the family of fugitive property tycoon Joseph Lau Luen-hung, swung to a loss last year as China\u2019s housing market soured.The Hong Kong developer, chaired by Joseph Lau\u2019s son Lau Ming-wai, 41, reported a loss\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121478,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-estates-run-by-family-of-fugitive-tycoon-joseph-lau-swings-from-interim-profit-to-loss-as-its-evergrande-shares-plummet\/","url_meta":{"origin":135151,"position":5},"title":"Chinese Estates, run by family of fugitive tycoon Joseph Lau, swings from interim profit to loss as its Evergrande shares plummet","date":"August 16, 2021","format":false,"excerpt":"\r Chinese Estates Holdings, a Hong Kong developer controlled by the family of fugitive property tycoon Joseph Lau Luen-hung, has swung from profit to loss after getting burned by stock market investments including China Evergrande\u2019s plummeting shares.The company posted an interim loss of HK$35.5 million (US$4.56 million) for the six\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\/135151"}],"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=135151"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/135151\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=135151"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=135151"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=135151"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}