{"id":63648,"date":"2017-08-14T16:56:39","date_gmt":"2017-08-14T09:56:39","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/wheelocks-first-half-net-profit-up-10-26pc-on-rising-rental-income\/"},"modified":"2017-08-14T17:10:35","modified_gmt":"2017-08-14T10:10:35","slug":"wheelocks-first-half-net-profit-up-10-26pc-on-rising-rental-income","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wheelocks-first-half-net-profit-up-10-26pc-on-rising-rental-income\/","title":{"rendered":"Wheelock\u2019s first half net profit up 10.26pc on rising rental income"},"content":{"rendered":"


\nHong Kong property and logistics conglomerate Wheelock and Co reported a 10.26 per cent rise in first half net profit to HK$6.24 billion (US$798 million) due to rising rental contribution at subsidiary Wharf Holdings.
\nIt recorded HK$3.06 earnings per share, which was above the market consensus of HK$2.12 per share, according to one analyst polled by Bloomberg.
\nExcluding investment property revaluation gains and exceptional items, core profit was HK$5.41 billion for the six months to June 30, up…
\n
\nSource : South China Morning Post
\nRead more…Wheelock\u2019s first half net profit up 10.26pc on rising rental income<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong property and logistics conglomerate Wheelock and Co reported a 10.26 per cent rise...<\/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-63648","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-gyA","jetpack-related-posts":[{"id":160072,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sino-land-profit-falls-due-to-lower-rental-income-falling-occupancies\/","url_meta":{"origin":63648,"position":0},"title":"Sino Land profit falls due to lower rental income, falling occupancies","date":"August 27, 2025","format":false,"excerpt":"\r Hong Kong developer Sino Land on Wednesday said its net profit for the financial year that ended on June 30 fell from a year earlier as strong residential sales were offset by lower rental income and falling occupancies. After taking into account a one-time loss of HK$1.08 billion (US$138.7\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":47311,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-estates-2016-profit-tumbles-17-7pc-dragged-by-lower-rental-income\/","url_meta":{"origin":63648,"position":1},"title":"Chinese Estates 2016 profit tumbles 17.7pc, dragged by lower rental income","date":"March 9, 2017","format":false,"excerpt":"\r A week after a major share restructuring by the former chairman Joseph Lau Luen-hung, Chinese Estates Holdings reported 2016 net profit fell 17.7 per cent due to a sharp drop in rental income and smaller gains in revaluation on properties as a result of continuing asset disposals. For the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":78473,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-hang-lung-properties-sees-2017-underlying-profit-fall-on-declining-china-mall-rental-income\/","url_meta":{"origin":63648,"position":2},"title":"Hong Kong\u2019s Hang Lung Properties sees 2017 underlying profit fall on declining China mall rental income","date":"January 30, 2018","format":false,"excerpt":"\r Hong Kong developer Hang Lung Properties, which owns the Fashion Walk shopping area in Causeway Bay and eight shopping centres in China, reported a 13 per cent fall in 2017 underlying profit, citing fewer property sales and a decline in rental income from its mainland China business. Underlying profit\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":61958,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hang-lung-properties-profit-dips-4pc-in-first-half-on-lower-rental-income\/","url_meta":{"origin":63648,"position":3},"title":"Hang Lung Properties\u2019 profit dips 4pc in first half on lower rental income","date":"July 27, 2017","format":false,"excerpt":"\r Interim profits for Hong Kong developer Hang Lung Properties beat projections by Goldman Sachs but still came in 4 per cent lower compared to the same period last year on lower rental income. Underlying profit in the first half, excluding revaluation gains in investment properties, dropped 4 per cent\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":82991,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-first-home-offer-of-2018-poised-to-sell-out-as-buyers-snap-up-wheelocks-malibu-flats\/","url_meta":{"origin":63648,"position":4},"title":"Hong Kong\u2019s first home offer of 2018 poised to sell out as buyers snap up Wheelock\u2019s Malibu flats","date":"March 17, 2018","format":false,"excerpt":"\r Wheelock & Co., which last week kicked off Hong Kong\u2019s first sale of residential property this year, is poised to extend the success of its campaign for the second week running. A fourth batch of the developer\u2019s Malibu apartment complex at Lohas Park in Tseung Kwan O, totalling 160\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":63648,"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\/63648"}],"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=63648"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/63648\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=63648"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=63648"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=63648"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}