{"id":65098,"date":"2017-08-31T21:00:09","date_gmt":"2017-08-31T14:00:09","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunac-chinas-first-half-profit-shoots-up-1683-per-cent-on-acquisitions\/"},"modified":"2017-08-31T21:24:01","modified_gmt":"2017-08-31T14:24:01","slug":"sunac-chinas-first-half-profit-shoots-up-1683-per-cent-on-acquisitions","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunac-chinas-first-half-profit-shoots-up-1683-per-cent-on-acquisitions\/","title":{"rendered":"Sunac China\u2019s first-half profit shoots up 1,683 per cent on acquisitions"},"content":{"rendered":"


\nSunac 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.
\nRevenue rose 25.9 per cent to 13.3 billion yuan and Sunac\u2019s gross profit margin improved to 19.6 per cent compared to 13.7 per cent at the end of 2016.
\n\u201cThe company maintains a cautious attitude for the real estate market in the second half of the year,…
\n
\nSource : South China Morning Post
\nRead more…Sunac China\u2019s first-half profit shoots up 1,683 per cent on acquisitions<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Sunac China, one of the country\u2019s biggest property developers, saw its first-half net profit surge...<\/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-65098","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-gVY","jetpack-related-posts":[{"id":64130,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunac-shares-jump-6pc-on-positive-profit-alert\/","url_meta":{"origin":65098,"position":0},"title":"Sunac shares jump 6pc on positive profit alert","date":"August 21, 2017","format":false,"excerpt":"\r Sunac China shares jumped 6 per cent on Monday after the developer said its first-half interim profit will increase by \u201cmore than 15 times\u201d owing to gains from property acquisitions and improved profit margins. The company, one of China\u2019s most acquisitive property developers, said revenue for the six months\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":160011,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cr-land-sunac-post-better-interim-results-in-signs-of-property-recovery\/","url_meta":{"origin":65098,"position":1},"title":"CR Land, Sunac post better interim results in signs of property recovery","date":"August 27, 2025","format":false,"excerpt":"\r China\u2019s embattled property market is showing signs of a tentative recovery, as some developers posted stronger earnings and reduced losses, supported by government stimulus measures and recovering consumption. China Resources Land\u2019s first-half net profit increased by 16.2 per cent from last year to 11.9 billion yuan (US$1.66 billion), according\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":65202,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunac-shares-slide-despite-1683-rise-in-profit\/","url_meta":{"origin":65098,"position":2},"title":"Sunac shares slide despite 1,683% rise in profit","date":"September 1, 2017","format":false,"excerpt":"\r Traders flinch at China developer\u2019s escalating debt following acquisitions blitz\r \r Source : ft.com\r Read more...Sunac shares slide despite 1,683% rise in profit","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":105549,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/beijing-unlikely-to-loosen-property-price-controls-says-sun-hongbin-boss-of-construction-giant-sunac-china\/","url_meta":{"origin":65098,"position":3},"title":"Beijing unlikely to loosen property price controls, says Sun Hongbin, boss of construction giant Sunac China","date":"March 29, 2019","format":false,"excerpt":"\r Sunac China Holdings, mainland China\u2019s fourth largest developer, is not optimistic about the country\u2019s property market.The company expects to generate 550 billion yuan (US$81.8 billion) from home sales this year. Although that would represent a 19 per cent rise, it would be a slower growth rate than last year\u2019s\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124505,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-housing-market-no-respite-for-fantasia-modern-land-and-sunac-as-they-lead-sales-declines-in-january\/","url_meta":{"origin":65098,"position":4},"title":"China housing market: no respite for Fantasia, Modern Land and Sunac as they lead sales declines in January","date":"February 8, 2022","format":false,"excerpt":"\r China\u2019s biggest property developers are still struggling to sell homes, as a resurgent Covid-19 pandemic combined with a slowing economy to deter big-ticket investments, offering little respite to the most leveraged among them.The collective sales value of China\u2019s top 100 developers fell 41 per cent in January from last\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":60106,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunac-china-shares-plunge-on-leecos-worsening-crisis\/","url_meta":{"origin":65098,"position":5},"title":"Sunac China shares plunge on LeEco\u2019s worsening crisis","date":"July 7, 2017","format":false,"excerpt":"\r Shares of Sunac China slumped in Hong Kong on Friday as investors fear that the developer could suffer a big loss from its 15 billion yuan (US$2.2 billion) bet on the cash-strapped LeEco Group, and would be forced to take over operations of the group\u2019s core business. Sunac shares\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\/65098"}],"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=65098"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/65098\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=65098"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=65098"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=65098"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}