{"id":172350,"date":"2026-08-11T17:30:07","date_gmt":"2026-08-11T10:30:07","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wharf-firms-up-balance-sheet-as-hong-kong-home-sales-cushion-profit-slump\/"},"modified":"2026-08-11T23:06:18","modified_gmt":"2026-08-11T16:06:18","slug":"wharf-firms-up-balance-sheet-as-hong-kong-home-sales-cushion-profit-slump","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wharf-firms-up-balance-sheet-as-hong-kong-home-sales-cushion-profit-slump\/","title":{"rendered":"Wharf firms up balance sheet as Hong Kong home sales cushion profit slump"},"content":{"rendered":"


\nHong Kong developer Wharf (Holdings) is increasingly relying on Hong Kong\u2019s luxury-home market to offset weakness in mainland China, while paring investments and building up cash as it navigates an uncertain outlook.
\nRevenue from Wharf\u2019s Hong Kong development properties nearly tripled to HK$1.35 billion (US$172 million) from HK$475 million in the first half, with operating profit rising more than fivefold to HK$166 million, according to its interim results announced on Tuesday. That helped…
\n
\nSource : South China Morning Post
\nRead more…Wharf firms up balance sheet as Hong Kong home sales cushion profit slump<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong developer Wharf (Holdings) is increasingly relying on Hong Kong\u2019s luxury-home market to offset...<\/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-172350","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-IPQ","jetpack-related-posts":[{"id":95719,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-landowner-wharf-sees-core-profit-plunge-by-two-thirds-amid-falling-home-sales-in-mainland-china\/","url_meta":{"origin":172350,"position":0},"title":"Hong Kong landowner Wharf sees core profit plunge by two thirds amid falling home sales in mainland China","date":"August 9, 2018","format":false,"excerpt":"\r Wharf Holdings, one of Hong Kong\u2019s biggest landowners, reported a 66 per cent drop in core profit because of weak property sales in mainland China. The conglomerate\u2019s core profit came in at HK$2.53 billion (US$322.31 million) for the six months ended June 30, according to a filing to the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":159067,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wharf-posts-first-half-profit-as-hong-kong-luxury-market-offsets-mainland-woes\/","url_meta":{"origin":172350,"position":1},"title":"Wharf posts first-half profit as Hong Kong luxury market offsets mainland woes","date":"August 12, 2025","format":false,"excerpt":"\r Hong Kong developer Wharf (Holdings) swung to a profit in the first half, supported by lower borrowing costs and a recovery in the city\u2019s luxury housing market that offset weaker demand in its mainland China operations. Profit attributable to equity shareholders came in at HK$535 million (US$68.2 million), reversing\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7346,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-wharf-reports-5pc-jump-in-core-profit\/","url_meta":{"origin":172350,"position":2},"title":"Hong Kong\u2019s Wharf reports 5pc jump in core profit","date":"March 9, 2016","format":false,"excerpt":"\r Hong Kong Conglomerate Wharf on Wednesday reported its core profit rose 5 per cent to HK$10.96 billion last year, mainly due to increases in rental income and property sales.\r \r Source : South China Morning Post\r Read more...Hong Kong\u2019s Wharf reports 5pc jump in core profit","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171136,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-swire-and-wharf-report-profit-growth-amid-valuation-pressure\/","url_meta":{"origin":172350,"position":3},"title":"Hong Kong developers Swire and Wharf report profit growth amid valuation pressure","date":"March 12, 2026","format":false,"excerpt":"\r Swire Properties reported stronger underlying earnings in 2025, as the Hong Kong developer stepped up asset disposals and expanded its mainland China retail portfolio, though weakness in the city\u2019s office market dragged the company into a headline loss. Underlying profit rose 27 per cent to HK$8.62 billion (US$1.1 billion),\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":47329,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wharf-delivers-25pc-rise-in-annual-core-earnings\/","url_meta":{"origin":172350,"position":4},"title":"Wharf delivers 25pc rise in annual core earnings","date":"March 9, 2017","format":false,"excerpt":"\r Wharf (Holdings), the Hong Kong conglomerate whose interests are spread across property, telecommunications and infrastructure, enjoyed a 25 per cent rise in core annual earnings last year, helped by rising property income from both Hong Kong and the mainland. Excluding a revaluation gain on investment properties, underlying profit was\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":47441,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wheelock-shares-hit-historic-high-after-record-annual-core-profit-officials-expect-hk-home-prices-to-rise-5-pc-this-year\/","url_meta":{"origin":172350,"position":5},"title":"Wheelock shares hit historic high after record annual core profit. Officials expect HK home prices to rise 5 pc this year","date":"March 10, 2017","format":false,"excerpt":"\r Wheelock and Company Limited, the Hong Kong property and logistics conglomerate that controls Wharf Holdings, saw its shares surge to a record high on Friday following strong core earnings for 2016, thanks to a greater profit contribution from Wharf, strong home sales in the mainland and Hong Kong, and\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\/172350"}],"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=172350"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/172350\/revisions"}],"predecessor-version":[{"id":172351,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/172350\/revisions\/172351"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=172350"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=172350"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=172350"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}