{"id":146803,"date":"2024-08-27T19:43:39","date_gmt":"2024-08-27T12:43:39","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sino-group-reports-24-7-profit-decline-on-slower-home-sales-higher-revaluation-losses\/"},"modified":"2024-08-28T13:33:01","modified_gmt":"2024-08-28T06:33:01","slug":"sino-group-reports-24-7-profit-decline-on-slower-home-sales-higher-revaluation-losses","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sino-group-reports-24-7-profit-decline-on-slower-home-sales-higher-revaluation-losses\/","title":{"rendered":"Sino Group reports 24.7% profit decline on slower home sales, higher revaluation losses"},"content":{"rendered":"


\nSino Land\u2019s profit declined by about a quarter in its financial year ending in June, as sales of homes and car parks slowed while revaluation losses surged.
\n
\nSource : South China Morning Post
\nRead more…Sino Group reports 24.7% profit decline on slower home sales, higher revaluation losses<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Sino Land\u2019s profit declined by about a quarter in its financial year ending in June,...<\/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-146803","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-CbN","jetpack-related-posts":[{"id":104513,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-sino-land-reports-half-year-profit-of-hk2-37-billion-expects-improved-sales-in-second-half\/","url_meta":{"origin":146803,"position":0},"title":"Hong Kong\u2019s Sino Land reports half-year profit of HK$2.37 billion, expects improved sales in second half","date":"February 28, 2019","format":false,"excerpt":"\r Hong Kong property developer Sino Land reported a 73 per cent drop in underlying net profit attributable to shareholders for the July to December period, with the decline attributed to distortions created by one-off asset disposals in the year earlier period.Underlying profit, excluding the revaluation gains on investment property,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":160072,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sino-land-profit-falls-due-to-lower-rental-income-falling-occupancies\/","url_meta":{"origin":146803,"position":1},"title":"Sino Land profit falls due to lower rental income, falling occupancies","date":"August 27, 2025","format":false,"excerpt":"\r Hong Kong developer Sino Land on Wednesday said its net profit for the financial year that ended on June 30 fell from a year earlier as strong residential sales were offset by lower rental income and falling occupancies. After taking into account a one-time loss of HK$1.08 billion (US$138.7\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":170654,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-sino-land-posts-steady-profit-points-to-clear-market-improvements\/","url_meta":{"origin":146803,"position":2},"title":"Hong Kong developer Sino Land posts steady profit, points to clear market improvements","date":"February 27, 2026","format":false,"excerpt":"\r Major Hong Kong developer Sino Land posted a steady net profit for the six months ended December, propped up by early gains from a recovery in the city\u2019s residential property market. Sino Land reported a net profit of HK$2.22 billion (US$284 million) in the first half of its current\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":82763,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/swire-pacific-profit-up-by-a-half-as-property-sales-offset-losses-from-aviation-marine-services\/","url_meta":{"origin":146803,"position":3},"title":"Swire Pacific profit up by a half as property sales offset losses from aviation, marine services","date":"March 15, 2018","format":false,"excerpt":"\r Swire Pacific, one of Asia\u2019s largest conglomerates, saw underlying profit surge 55 per cent last year, as strong property income offset losses from aviation and marine services. Excluding revaluation gains on investment properties, underlying profit was HK$4.74 billion in the year ended December, according to the firm\u2019s filing to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":62784,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-peak-tram-operators-interim-net-profit-doubles-after-property-revaluation\/","url_meta":{"origin":146803,"position":4},"title":"The Peak Tram operator\u2019s interim net profit doubles after property revaluation","date":"August 4, 2017","format":false,"excerpt":"\r Hongkong & Shanghai Hotels Ltd., the owner of The Peninsula hotel and operator of the tram service to Hong Kong\u2019s Peak, said its first-half profit more than doubled, as higher revaluation of its property portfolio boosted its bottom line. Net profit jumped to HK$519 million (US$66.4 million), or HK$0.33\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":146803,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/146803"}],"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=146803"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/146803\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=146803"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=146803"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=146803"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}