{"id":64802,"date":"2017-08-28T20:38:50","date_gmt":"2017-08-28T13:38:50","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/greenland-posts-flat-profit-as-property-clampdown-deepens\/"},"modified":"2017-08-28T20:39:03","modified_gmt":"2017-08-28T13:39:03","slug":"greenland-posts-flat-profit-as-property-clampdown-deepens","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/greenland-posts-flat-profit-as-property-clampdown-deepens\/","title":{"rendered":"Greenland posts flat profit as property clampdown deepens"},"content":{"rendered":"


\nShanghai-based Greenland Holdings, the mainland\u2019s fourth-largest developer by sales, reported flat earnings for the first half of this year as governments tightened their grip on the real estate sector.
\nNet income in the six months to June was valued at 4.66 billion yuan (US$704 million), up by a slender 1.3 per cent from a year ago and below analysts\u2019 estimates. Revenue jumped 16.6 per cent to 126 billion yuan.
\nFactoring out one-off gains, the company\u2019s underlying profit fell…
\n
\nSource : South China Morning Post
\nRead more…Greenland posts flat profit as property clampdown deepens<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Shanghai-based Greenland Holdings, the mainland\u2019s fourth-largest developer by sales, reported flat earnings for the first...<\/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-64802","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-gRc","jetpack-related-posts":[{"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":64802,"position":0},"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":10096,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developer-greenland-deepens-go-global-drive-to-diversify-into-e-commerce\/","url_meta":{"origin":64802,"position":1},"title":"Chinese developer Greenland deepens go-global drive to diversify into e-commerce","date":"April 6, 2016","format":false,"excerpt":"\r For Shanghai-based Greenland Group, one of the mainland\u2019s three largest property developers, the global future is in the burgeoning market for e-commerce, as it looks to add a new dimension to the government\u2019s call for companies beyond borders.\r \r Source : South China Morning Post\r Read more...Chinese developer Greenland\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":49112,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/country-garden-posts-better-than-expected-profit-up-22-per-cent\/","url_meta":{"origin":64802,"position":2},"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":64302,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/country-garden-posts-higher-profit-on-sales-growth\/","url_meta":{"origin":64802,"position":3},"title":"Country Garden posts higher profit on sales growth","date":"August 22, 2017","format":false,"excerpt":"\r Country 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. The earnings beat the consensus estimate of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":84414,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shenzhen-new-home-prices-little-changed-for-18-straight-month-in-march-as-iron-fisted-measures-calm-market\/","url_meta":{"origin":64802,"position":4},"title":"Shenzhen new home prices little changed for 18-straight month in March, as \u2018iron-fisted\u2019 measures calm market","date":"April 3, 2018","format":false,"excerpt":"\r Shenzhen, the Chinese city with the largest population growth, saw its new home prices little changed in March, reflecting the 18 straight month of flat price movements, a result of an iron-fisted government clampdown since late 2016. Prices were down 6 yuan (95 US cents) per square metre on\u2026","rel":"","context":"In "Property News"","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":64802,"position":5},"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/64802"}],"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=64802"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/64802\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=64802"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=64802"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=64802"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}