{"id":48966,"date":"2017-03-21T15:45:20","date_gmt":"2017-03-21T08:45:20","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/k-wah-international-reports-2016-underlying-profit-up-113pc-lifted-by-robust-sales\/"},"modified":"2017-03-21T16:11:40","modified_gmt":"2017-03-21T09:11:40","slug":"k-wah-international-reports-2016-underlying-profit-up-113pc-lifted-by-robust-sales","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/k-wah-international-reports-2016-underlying-profit-up-113pc-lifted-by-robust-sales\/","title":{"rendered":"K Wah International reports 2016 underlying profit up 113pc, lifted by robust sales"},"content":{"rendered":"


\nK Wah International Holdings reported 2016 underlying profit jumped 113 per cent to HK$2.8 billion (US$360.53 million), lifted by robust property sales in Hong Kong and the mainland.
\nThe mid-sized developer said profit attributable to equity holders rose to HK$3.18 billion, compared to HK$1.37 billion a year earlier, according to a filing to the Hong Kong stock exchange on Tuesday.
\nMainly driven by sales of Grand Summit in Shanghai, J Wings and J Metropolis in Guangzhou, Silver Cove in Dongguan…
\n
\nSource : South China Morning Post
\nRead more…K Wah International reports 2016 underlying profit up 113pc, lifted by robust sales<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

K Wah International Holdings reported 2016 underlying profit jumped 113 per cent to HK$2.8 billion...<\/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-48966","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-cJM","jetpack-related-posts":[{"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":48966,"position":0},"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":105215,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-henderson-land-k-wah-international-report-small-increases-in-profit-are-optimistic-about-2019\/","url_meta":{"origin":48966,"position":1},"title":"Hong Kong developers Henderson Land, K Wah International report small increases in profit, are optimistic about 2019","date":"March 21, 2019","format":false,"excerpt":"\r Hong Kong property developer Henderson Land Development, chaired by tycoon Lee Shau-kee, said on Wednesday profit attributable to its owners inched up by 1 per cent last year, while that of K Wah International, chaired by billionaire Lui Che-woo, rose by 3.6 per cent, in a reflection of Hong\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":64399,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/k-wahs-interim-core-profit-drops-as-it-defers-booking-most-of-its-home-sales-under-accounting-rule\/","url_meta":{"origin":48966,"position":2},"title":"K Wah\u2019s interim core profit drops as it defers booking most of its home sales under accounting rule","date":"August 23, 2017","format":false,"excerpt":"\r K Wah International, the property developer chaired by casino magnate Lui Che-woo, announced a plunge in its first-half core profit, because it could only book one-sixth of the earnings from its biggest residential project K City at the former Kai Tak airport site. Underlying profit, excluding revaluation gain on\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"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":48966,"position":3},"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":39177,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/k-wah-pays-hk5-87-billion-for-kai-tak-site-winning-hong-kongs-final-land-auction-for-2016\/","url_meta":{"origin":48966,"position":4},"title":"K Wah pays HK$5.87 billion for Kai Tak site, winning Hong Kong\u2019s final land auction for 2016","date":"December 29, 2016","format":false,"excerpt":"\r K Wah International Holdings Ltd., the developer controlled by casino tycoon Lui Che-woo, has won the Hong Kong government\u2019s final land auction of 2016, paying HK$5.868 billion for a piece of land at the former Kai Tak airport site. The winning bid on the site, with a total gross\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":41983,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hang-lung-properties-2016-core-profit-up-45pc-to-hk6-3bn\/","url_meta":{"origin":48966,"position":5},"title":"Hang Lung Properties\u2019 2016 core profit up 45pc to HK$6.3bn","date":"January 26, 2017","format":false,"excerpt":"\r Hang Lung Properties, the first developer to kick off the reporting season, reported strong earnings last year on the back of rising property income in Hong Kong. Underlying profit, excluding revaluation gains in investment properties, rose 45 per cent to HK$6.34 billion, or HK$1.38 per share, the company said\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\/48966"}],"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=48966"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/48966\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=48966"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=48966"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=48966"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}