{"id":64780,"date":"2017-08-28T12:49:20","date_gmt":"2017-08-28T05:49:20","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/shun-tak-reverses-loss-to-post-hk699m-interim-profit-on-strong-property-sales\/"},"modified":"2017-08-28T13:10:37","modified_gmt":"2017-08-28T06:10:37","slug":"shun-tak-reverses-loss-to-post-hk699m-interim-profit-on-strong-property-sales","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shun-tak-reverses-loss-to-post-hk699m-interim-profit-on-strong-property-sales\/","title":{"rendered":"Shun Tak reverses loss to post HK$699m interim profit on strong property sales"},"content":{"rendered":"


\nShun Tak Holdings, which runs businesses from property to shipping and hotels, reported first half net profit of HK$699 million, reversing a HK$53 million loss in the same period last year, boosted by strong property sales.
\nThe Hong Kong-listed company said in a statement on Monday that its revenue almost doubled to HK$3.678 billion from last year\u2019s HK$1.867 billion.
\nAccording to the statement, basic earnings per share reached 23 HK cents compared to only 1.7 HK cents in the same period…
\n
\nSource : South China Morning Post
\nRead more…Shun Tak reverses loss to post HK9m interim profit on strong property sales<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Shun Tak Holdings, which runs businesses from property to shipping and hotels, reported first half...<\/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-64780","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-gQQ","jetpack-related-posts":[{"id":45122,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-world-development-net-profit-surges-31-per-cent-as-chairman-cheng-kar-shun-recovering-very-well\/","url_meta":{"origin":64780,"position":0},"title":"New World Development net profit surges 31 per cent as chairman Cheng Kar-shun \u2018recovering very well\u2019","date":"February 22, 2017","format":false,"excerpt":"\r Billionaire Henry Cheng Kar-shun\u2019s New World Development reported better-than-expected earnings for the first half of the current financial year. The Hong Kong real estate developer saw its net profit climb 31.4 per cent to HK$4.3 billion (US$ 559 million) in the six months ended December 31, the company said\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117434,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-world-development-speeds-up-sale-of-noncore-assets-as-disposals-top-hk10-billion-in-financial-year\/","url_meta":{"origin":64780,"position":1},"title":"New World Development speeds up sale of noncore assets as disposals top HK$10 billion in financial year","date":"June 29, 2020","format":false,"excerpt":"\r New World Development has sold two noncore assets, pulling in HK$3.57 billion (US$460.6 million) as the developer ploughs ahead with its long-term development strategy of focusing on Hong Kong and the Greater Bay Area.The developer said in a statement on Monday that the sale of a 45 per cent\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":44466,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/henderson-land-to-sell-newton-inn-to-shun-ho-for-hk1-billion\/","url_meta":{"origin":64780,"position":2},"title":"Henderson Land to sell Newton Inn to Shun Ho for HK$1 billion","date":"February 17, 2017","format":false,"excerpt":"\r Henderson Land Development Company and Shun Ho Property have reached a conditional share sale agreement worth HK$1 billion, the former said in a filing to the Hong Kong stock exchange on Friday evening. The purchaser, Shun Ho Property, has conditionally agreed to purchase the shares, representing the entire issued\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":82290,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hna-sells-wheelock-third-plot-of-kai-tak-land-to-repay-borrowings-making-a-profit\/","url_meta":{"origin":64780,"position":3},"title":"HNA sells Wheelock third plot of Kai Tak land to repay borrowings, making a profit","date":"March 9, 2018","format":false,"excerpt":"\r HNA Group, one of China\u2019s biggest global asset buyers since 2012, has sold the third of its four plots of development land at Hong Kong\u2019s former Kai Tak airport site, as it steps up its asset disposals to repay borrowings, under pressure from regulators and creditors. The Hainan-based company\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":79758,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-troubled-hna-group-flips-kai-tak-plots-to-henderson-land-for-a-profit-of-hk1-7-billion\/","url_meta":{"origin":64780,"position":4},"title":"China\u2019s troubled HNA Group flips Kai Tak plots to Henderson Land for a profit of HK$1.7 billion","date":"February 13, 2018","format":false,"excerpt":"\r HNA Group, the financially troubled Chinese conglomerate, has made a quick HK$1.7 billion (US$217 million) by selling two of its four Hong Kong residential plots bought 15 months ago for a record sum to one of the city\u2019s biggest developers. The two plots at the site of Hong Kong\u2019s\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103487,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hang-lung-reports-2018-underlying-profit-slumps-26-per-cent-amid-fewer-sales\/","url_meta":{"origin":64780,"position":5},"title":"Hang Lung reports 2018 underlying profit slumps 26 per cent amid fewer sales","date":"January 30, 2019","format":false,"excerpt":"\r Hang Lung Properties reported on Wednesday 2018 underlying profit plunged 26 per cent on year, matching analyst expectations, amid softer sales during a 12-month period that coincided with a downturn in the developer\u2019s project completion pipeline. For the financial year ended December 31, the developer\u2019s underlying profit totalled HK$4.09\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\/64780"}],"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=64780"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/64780\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=64780"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=64780"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=64780"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}