{"id":49112,"date":"2017-03-22T12:30:40","date_gmt":"2017-03-22T05:30:40","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/country-garden-posts-better-than-expected-profit-up-22-per-cent\/"},"modified":"2017-03-22T12:39:19","modified_gmt":"2017-03-22T05:39:19","slug":"country-garden-posts-better-than-expected-profit-up-22-per-cent","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/country-garden-posts-better-than-expected-profit-up-22-per-cent\/","title":{"rendered":"Country Garden posts better-than-expected profit, up 22 per cent"},"content":{"rendered":"


\nCountry Garden, China\u2019s second largest developer, reported better-than-expected profit growth for 2016, driven by strong house sales in smaller cities.
\nCore profit, which excludes valuation gains and foreign exchange losses, rose 22 per cent from a year earlier to 12 billion yuan, the company said in a statement to the stock exchange on Wednesday. Analysts polled by Bloomberg were expecting core earnings of 10.67 billion yuan. Net profit was up 24 per cent to 11.5 billion yuan.
\nRevenue…
\n
\nSource : South China Morning Post
\nRead more…Country Garden posts better-than-expected profit, up 22 per cent<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Country Garden, China\u2019s second largest developer, reported better-than-expected profit growth for 2016, driven by strong...<\/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-49112","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-cM8","jetpack-related-posts":[{"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":49112,"position":0},"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":8016,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developer-country-garden-sees-net-profit-fall-28-per-cent\/","url_meta":{"origin":49112,"position":1},"title":"Chinese developer Country Garden sees net profit fall 28 per cent","date":"March 15, 2016","format":false,"excerpt":"\r Country Garden, one of the largest home builders in China, saw its net profit decline 28 per cent last year to 8.45 billion yuan (HK$10 billion), mainly due to a 900 million yuan foreign exchange loss.\r \r Source : South China Morning Post\r Read more...Chinese developer Country Garden sees\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":83551,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/longfor-sets-200-billion-yuan-sales-target-as-core-profit-rises-by-a-quarter\/","url_meta":{"origin":49112,"position":2},"title":"Longfor sets 200 billion yuan sales target as core profit rises by a quarter","date":"March 23, 2018","format":false,"excerpt":"\r Longfor Properties, China\u2019s eighth largest developer by sales, set its 2018 sales target at 200 billion yuan after posting a 25.9 per cent increase in core net profit last year.\u00a0 The Beijing-based developer saw core net profit, which excludes valuation gains and foreign exchange losses, jump to 9.77 billion\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":64302,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/country-garden-posts-higher-profit-on-sales-growth\/","url_meta":{"origin":49112,"position":3},"title":"Country Garden posts higher profit on sales growth","date":"August 22, 2017","format":false,"excerpt":"\r Country Garden, China\u2019s third-largest property firm by contracted sales in 2016, posted a 39.2 per cent jump in first half net profit to 7.5 billion yuan (US$1.1 billion) year on year, boosted by strong demand and low house inventory in the mainland. The earnings beat the consensus estimate of\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":49112,"position":4},"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":83185,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/top-chinese-developer-country-gardens-core-profit-jumps-106pc-as-sales-soar\/","url_meta":{"origin":49112,"position":5},"title":"Top Chinese developer Country Garden\u2019s core profit jumps 106pc as sales soar","date":"March 20, 2018","format":false,"excerpt":"\r Country Garden Holdings, China\u2019s largest developer by sales, on Tuesday reported a 106 per cent increase in core net profit for 2017 on the back of a 78.3 per cent jump in contracted sales, with analysts expecting the company to benefit from its focus on smaller cities. Core net\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\/49112"}],"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=49112"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/49112\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=49112"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=49112"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=49112"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}