{"id":49158,"date":"2017-03-22T21:42:29","date_gmt":"2017-03-22T14:42:29","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-shui-on-sees-38pc-rise-in-annual-profit-on-robust-mainland-sales\/"},"modified":"2017-03-22T21:52:51","modified_gmt":"2017-03-22T14:52:51","slug":"hong-kong-developer-shui-on-sees-38pc-rise-in-annual-profit-on-robust-mainland-sales","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-shui-on-sees-38pc-rise-in-annual-profit-on-robust-mainland-sales\/","title":{"rendered":"Hong Kong developer Shui On sees 38pc rise in annual profit on robust mainland sales"},"content":{"rendered":"<p>&#013;<br \/>\nProperty developer Shui On Land has delivered a 38 per cent rise in annual profit, on the back of robust mainland project sales.<br \/>\nThe company said on Wednesday its profit attributable to shareholders was 1.1 billion yuan (US$159.5 million) for the year ended 31 December 2016, up from 788 million yuan the previous year.<br \/>\nRevenue also surged 172 per cent to 18 billion yuan, according to its statement to the Hong Kong Stock Exchange.<br \/>\nThe company sold total a gross floor area of 950,600 square metres&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.scmp.com\/property\/hong-kong-china\/article\/2081266\/hong-kong-developer-shui-sees-38pc-rise-annual-profit\" target=\"_blank\">Hong Kong developer Shui On sees 38pc rise in annual profit on robust mainland sales<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Property developer Shui On Land has delivered a 38 per cent rise in annual profit,&#46;&#46;&#46;<\/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-49158","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-cMS","jetpack-related-posts":[{"id":56090,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shui-on-land-sells-chongqing-assets-to-china-vanke-for-4-1-billion-yuan\/","url_meta":{"origin":49158,"position":0},"title":"Shui On Land sells Chongqing assets to China Vanke for 4.1 billion yuan","date":"May 27, 2017","format":false,"excerpt":"\r Shui On Land, the property developer founded by tycoon Vincent Lo Hong-sui, has sold one of its largest mixed commercial projects in mainland China for 4.1 billion yuan (US$596.3 million). In a statement to the Hong Kong stock exchange on Friday night, Shui On said it would reap a\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":160118,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shanghai-focused-shui-on-land-says-first-half-net-income-falls-29\/","url_meta":{"origin":49158,"position":1},"title":"Shanghai-focused Shui On Land says first-half net income falls 29%","date":"August 28, 2025","format":false,"excerpt":"\r Hong Kong-listed property developer Shui On Land on Thursday said its first-half net income fell 29 per cent from a year earlier, as the mainland real estate market remained challenged, though it added that Shanghai\u2019s luxury market was resilient. In a filing with the Hong Kong stock exchange, the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":105203,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-listed-developer-shui-on-reports-drop-in-earnings-for-2018-and-slashes-sales-target-for-this-year\/","url_meta":{"origin":49158,"position":2},"title":"Hong Kong-listed developer Shui On reports drop in earnings for 2018 and slashes sales target for this year","date":"March 21, 2019","format":false,"excerpt":"\r Hong Kong-listed property developer Shui On Land reported on Wednesday that its core earnings had dropped by 3 per cent to 3.06 billion yuan (US$457.09 million) for the year ending December 31, 2018.The company, which has the second-largest commercial property portfolio in Shanghai, said its revenue had jumped by\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":83367,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shui-on-shares-notch-biggest-weekly-gain-after-profit-beat-forecast-even-if-outlook-is-modest\/","url_meta":{"origin":49158,"position":3},"title":"Shui On shares notch biggest weekly gain after profit beat forecast, even if outlook is modest","date":"March 22, 2018","format":false,"excerpt":"\r Shares of Shui On Land, the Hong Kong developer that owns the landmark Shanghai shopping and entertainment district Xintiandi, jumped by their most in a week, after its 2017 profit and sales revenue beat forecasts. Net profit under general accounting rules more than doubled to 2.24 billion yuan, while\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":64423,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shui-on-lands-first-half-profit-rises-13-per-cent\/","url_meta":{"origin":49158,"position":4},"title":"Shui On Land\u2019s first half profit rises 13 per cent","date":"August 23, 2017","format":false,"excerpt":"\r Shui On Land, chaired by Vincent Lo Hong-shui, says it remains cautious on the company\u2019s outlook, despite having already locked up more than half of this year\u2019s 21 billion yuan (US$3.2 billion) sales target. The company had achieved contracted sales of about 14 billion yuan , or 66 per\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123924,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shui-on-land-cashes-in-on-opportunity-to-build-land-bank-in-china-amid-depressed-buying-sentiment\/","url_meta":{"origin":49158,"position":5},"title":"Shui On Land cashes in on opportunity to build land bank in China amid depressed buying sentiment","date":"December 22, 2021","format":false,"excerpt":"\r Cash-rich Hong Kong companies are increasingly snapping up prime land on the mainland, which used to be few and far between until recently, as their Chinese rivals weighed down by debtavoid taking part in land sales.Shui On Land, the flagship property company of the Hong Kong-based Shui On Group,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/49158"}],"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=49158"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/49158\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=49158"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=49158"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=49158"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}