{"id":64524,"date":"2017-08-24T20:09:03","date_gmt":"2017-08-24T13:09:03","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-vankes-first-half-profit-jumps-37pc\/"},"modified":"2017-08-24T20:19:12","modified_gmt":"2017-08-24T13:19:12","slug":"china-vankes-first-half-profit-jumps-37pc","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-vankes-first-half-profit-jumps-37pc\/","title":{"rendered":"China Vanke\u2019s first-half profit jumps 37pc"},"content":{"rendered":"


\nChina 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.
\nNet 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 polled by Bloomberg.
\nRevenue was down 6.7 per cent to 69. 8 billion yuan, due to fewer completed projects during the period.
\nFirst-half gross margin largely improved to 24.8 per cent from 17…
\n
\nSource : South China Morning Post
\nRead more…China Vanke\u2019s first-half profit jumps 37pc<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

China Vanke, the country\u2019s second largest homebuilder by sales, posted a 37 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-64524","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-gMI","jetpack-related-posts":[{"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":64524,"position":0},"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":65098,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunac-chinas-first-half-profit-shoots-up-1683-per-cent-on-acquisitions\/","url_meta":{"origin":64524,"position":1},"title":"Sunac China\u2019s first-half profit shoots up 1,683 per cent on acquisitions","date":"August 31, 2017","format":false,"excerpt":"\r Sunac China, one of the country\u2019s biggest property developers, saw its first-half net profit surge by 1,683.4 per cent to 1.3 billion yuan, boosted by its aggressive acquisition of property projects and higher gross margin. Revenue rose 25.9 per cent to 13.3 billion yuan and Sunac\u2019s gross profit margin\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":64796,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-first-half-profit-jumps-832pc-on-strong-sales-lower-debt\/","url_meta":{"origin":64524,"position":2},"title":"China Evergrande first-half profit jumps 832pc on strong sales, lower debt","date":"August 28, 2017","format":false,"excerpt":"\r China Evergrande Group, the country\u2019s largest property developer by sales in 2016, reported first-half profit jumped 832 per cent to 18.8 billion yuan, in line with analysts\u2019 expectations, thanks to higher selling prices for its properties and a greater volume of sales booked during the period. A poll by\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":17022,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-vankes-45-6-billion-yuan-share-sale-plan-faces-objection-from-china-resources\/","url_meta":{"origin":64524,"position":3},"title":"China Vanke\u2019s 45.6 billion yuan share sale plan faces objection from China Resources","date":"June 19, 2016","format":false,"excerpt":"\r China Vanke chairman Wang Shi\u2019s bid to retain management control of the company he founded remains into doubt after its second-largest shareholder China Resources (Holdings) said it strongly opposed a deal designed to ward off an unwanted takeover through the issuance of \r \r Source : South China Morning\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":167333,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/vankes-bondholders-reject-extension-plan-on-2-billion-yuan-of-bonds-raising-default-risk\/","url_meta":{"origin":64524,"position":4},"title":"Vanke\u2019s bondholders reject extension plan on 2 billion yuan of bonds, raising default risk","date":"December 14, 2025","format":false,"excerpt":"\r China Vanke failed to secure bondholder approval to extend by one year a bond payment due on Monday, a filing showed, increasing the risk of default for the developer and renewing concerns about the crisis-hit property sector. The setback for state-backed Vanke, one of China\u2019s highest-profile developers with projects\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":32487,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-lifts-stake-in-vanke-to-7-per-cent\/","url_meta":{"origin":64524,"position":5},"title":"China Evergrande lifts stake in Vanke to 7 per cent","date":"November 1, 2016","format":false,"excerpt":"\r Property giant China Evergrande Group has further raised its stake in rival China Vanke to 7 per cent from 6.82 per cent, according to a stock exchange statement. Vanke\u2019s Hong Kong shares hit a two-month high of HK$20.9 by 10:53 am. Its shares in Shenzhen also rose 0.8 per\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\/64524"}],"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=64524"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/64524\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=64524"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=64524"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=64524"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}