{"id":64302,"date":"2017-08-22T21:53:43","date_gmt":"2017-08-22T14:53:43","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/country-garden-posts-higher-profit-on-sales-growth\/"},"modified":"2017-08-22T22:53:00","modified_gmt":"2017-08-22T15:53:00","slug":"country-garden-posts-higher-profit-on-sales-growth","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/country-garden-posts-higher-profit-on-sales-growth\/","title":{"rendered":"Country Garden posts higher profit on sales growth"},"content":{"rendered":"<p>&#013;<br \/>\nCountry 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.<br \/>\nThe earnings beat the consensus estimate of analysts polled by Bloomberg by 23 per cent.<br \/>\nIts contracted sales also soared 131 per cent to 288.9 billion yuan in the first half. Country Garden raised its sales target for this year from 400&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.scmp.com\/business\/article\/2107870\/country-garden-posts-higher-profit-sales-growth\" target=\"_blank\">Country Garden posts higher profit on sales growth<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Country Garden, China\u2019s third-largest property firm by contracted sales in 2016, posted a 39.2 per&#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-64302","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-gJ8","jetpack-related-posts":[{"id":49112,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/country-garden-posts-better-than-expected-profit-up-22-per-cent\/","url_meta":{"origin":64302,"position":0},"title":"Country Garden posts better-than-expected profit, up 22 per cent","date":"March 22, 2017","format":false,"excerpt":"\r Country Garden, China\u2019s second largest developer, reported better-than-expected profit growth for 2016, driven by strong house sales in smaller cities. Core 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\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"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":64302,"position":1},"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 &quot;Property News&quot;","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":64302,"position":2},"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 &quot;Property News&quot;","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":64302,"position":3},"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 &quot;Property News&quot;","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":64302,"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 &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":64302,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/64302"}],"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=64302"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/64302\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=64302"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=64302"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=64302"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}