{"id":138986,"date":"2023-08-30T22:48:57","date_gmt":"2023-08-30T15:48:57","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/country-garden-reports-us7-12-billion-loss-first-slip-into-the-red-since-listing-in-2007-as-chinas-property-problems-mount\/"},"modified":"2023-08-30T22:58:39","modified_gmt":"2023-08-30T15:58:39","slug":"country-garden-reports-us7-12-billion-loss-first-slip-into-the-red-since-listing-in-2007-as-chinas-property-problems-mount","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/country-garden-reports-us7-12-billion-loss-first-slip-into-the-red-since-listing-in-2007-as-chinas-property-problems-mount\/","title":{"rendered":"Country Garden reports US$7.12 billion loss, first slip into the red since listing in 2007 as China\u2019s property problems mount"},"content":{"rendered":"


\nCountry Garden posts huge loss as developer teeters on the edge of default, underscoring the financial strains in the country\u2019s property sector.
\n
\nSource : South China Morning Post
\nRead more…Country Garden reports US.12 billion loss, first slip into the red since listing in 2007 as China\u2019s property problems mount<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Country Garden posts huge loss as developer teeters on the edge of default, underscoring the...<\/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-138986","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-A9I","jetpack-related-posts":[{"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":138986,"position":0},"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":125669,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-property-crackdown-top-developer-country-garden-posts-profit-decline\/","url_meta":{"origin":138986,"position":1},"title":"China\u2019s property crackdown: top developer Country Garden posts profit decline","date":"March 30, 2022","format":false,"excerpt":"\r China\u2019s largest property developer Country Garden Holdings posted another year of profit decline as cracks widened in the country\u2019s US$1.7 trillion housing market. The Shenzhen-based company, ranked at the top of its industry by sales in China, reported on Wednesday a core net profit of 26.93 billion yuan (US$4.2\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139808,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/country-garden-misses-a-bond-payment-signals-possible-default-on-part-of-us180-billion-liabilities-as-chinas-housing-slump-persists\/","url_meta":{"origin":138986,"position":2},"title":"Country Garden misses a bond payment, signals possible default on part of US$180 billion liabilities as China\u2019s housing slump persists","date":"October 10, 2023","format":false,"excerpt":"\r Chinese developer Country Garden is stumbling toward a full-blown debt reorganisation with creditors after missing a bond payment and warning of possible default on its offshore borrowings.\r \r Source : South China Morning Post\r Read more...Country Garden misses a bond payment, signals possible default on part of US0 billion\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":138986,"position":3},"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":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":138986,"position":4},"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":138559,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-property-developer-country-garden-expects-to-post-loss-due-to-fall-in-profit-margin-higher-impairment-provisions\/","url_meta":{"origin":138986,"position":5},"title":"China property developer Country Garden expects to post loss due to fall in profit margin, higher impairment provisions","date":"July 31, 2023","format":false,"excerpt":"\r China\u2019s biggest property developer Country Garden Holdings urged \u201cguidance and support from the government\u201d, estimating it would report a loss for the first half of the year ahead of a wave of debt maturities.\r \r Source : South China Morning Post\r Read more...China property developer Country Garden expects to\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\/138986"}],"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=138986"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/138986\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=138986"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=138986"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=138986"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}