{"id":49714,"date":"2017-03-26T20:15:10","date_gmt":"2017-03-26T13:15:10","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-vanke-profit-climbs-16-per-cent-beating-forecasts\/"},"modified":"2017-03-26T20:19:46","modified_gmt":"2017-03-26T13:19:46","slug":"china-vanke-profit-climbs-16-per-cent-beating-forecasts","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-vanke-profit-climbs-16-per-cent-beating-forecasts\/","title":{"rendered":"China Vanke profit climbs 16 per cent, beating forecasts"},"content":{"rendered":"


\nChina Vanke, the property giant which has just emerged from a 16-month shareholders\u2019 battle, announced a better than expected 16 per cent net profit growth for 2016.
\nNet profit for the year amounted to 21.02 billion yuan (US$3.05 billion), or 1.9 yuan per share, up 16 per cent from 2015, the company announced in a stock exchange filing.
\nThat beat the forecasts of analysts polled by Thomson Reuters, who expected the developer to achieve 15 per cent profit growth.
\nRevenues reached 228.9…
\n
\nSource : South China Morning Post
\nRead more…China Vanke profit climbs 16 per cent, beating forecasts<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

China Vanke, the property giant which has just emerged from a 16-month shareholders\u2019 battle, announced...<\/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-49714","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-cVQ","jetpack-related-posts":[{"id":105453,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-and-china-vanke-report-profit-gains-and-high-debt-ratios-during-2018\/","url_meta":{"origin":49714,"position":0},"title":"China Evergrande and China Vanke report profit gains and high debt ratios during 2018","date":"March 27, 2019","format":false,"excerpt":"\r Mainland property developers China Vanke and China Evergrande Group reported upbeat profit results for 2018, along with higher debt levels.Evergrande, chaired by billionaire Hui Ka-yan, saw core profit jump 93.3 per cent to 78.32 billion yuan (US$11.88 billion) for the year, up 93.3 per cent on year, while revenue\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"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":49714,"position":1},"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":64524,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-vankes-first-half-profit-jumps-37pc\/","url_meta":{"origin":49714,"position":2},"title":"China Vanke\u2019s first-half profit jumps 37pc","date":"August 24, 2017","format":false,"excerpt":"\r China Vanke, the country\u2019s second largest homebuilder by sales, posted a 37 per cent rise in its first-half profit, benefitting from improved margin of its booked projects. Net profit grew to 7.3 billion yuan (US$1.1 billion) for the first six months, beating the HK$6.4 billion forecast of one analyst\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":96373,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-property-firm-vankes-first-half-profit-rises-25-per-cent-as-faster-construction-lifts-sales\/","url_meta":{"origin":49714,"position":3},"title":"Chinese property firm Vanke\u2019s first-half profit rises 25 per cent as faster construction lifts sales","date":"August 20, 2018","format":false,"excerpt":"\r China Vanke, the country\u2019s second-largest property developer by sales, posted a 25 per cent rise in first-half profit on Monday, as a faster construction speed helped it sell more homes. Net profit climbed to 9.1 billion yuan (US$1.3 billion) for the first six months of this year, while revenue\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":125688,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/vanke-zhenro-and-china-overseas-post-falling-profits-as-clampdown-adds-to-dimming-economic-prospects-in-driving-homebuyers-to-the-sidelines\/","url_meta":{"origin":49714,"position":4},"title":"Vanke, Zhenro and China Overseas post falling profits as clampdown adds to dimming economic prospects in driving homebuyers to the sidelines","date":"April 1, 2022","format":false,"excerpt":"\r Several Chinese property developers have reported plunging 2021 profits, as a clampdown on home prices combined with dimming economic prospects to deter buyers from committing to big-ticket purchases during the Covid-19 pandemic. China Vanke, the country\u2019s third-largest real estate company by sales, said its core net profit halved to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":99598,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-vanke-slashes-project-price-by-40-per-cent-offers-200000-yuan-to-first-round-of-homebuyers-for-design-change\/","url_meta":{"origin":49714,"position":5},"title":"China Vanke slashes project price by 40 per cent, offers 200,000 yuan to first round of homebuyers for \u2018design change\u2019","date":"October 11, 2018","format":false,"excerpt":"\r China Vanke, the country\u2019s second-largest property developer by sales, on Wednesday said it was offering 200,000 yuan (US$28,800) in compensation to buyers at its Shoukai-Vanke Bailujun Project in Xiamen for \u201cdesign adjustments\u201d. The offer comes after Vanke recently lowered the selling prices of the project, which has been on\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\/49714"}],"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=49714"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/49714\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=49714"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=49714"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=49714"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}