{"id":81195,"date":"2018-02-27T17:00:15","date_gmt":"2018-02-27T10:00:15","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-sun-hung-kai-properties-records-36pc-interim-profit-jump\/"},"modified":"2018-02-27T18:04:45","modified_gmt":"2018-02-27T11:04:45","slug":"hong-kongs-sun-hung-kai-properties-records-36pc-interim-profit-jump","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-sun-hung-kai-properties-records-36pc-interim-profit-jump\/","title":{"rendered":"Hong Kong\u2019s Sun Hung Kai Properties records 36pc interim profit jump"},"content":{"rendered":"<p>&#013;<br \/>\nSun Hung Kai Properties, Hong Kong\u2019s second-largest developer by market capitalisation, reported a 36.7 per cent jump in first-half underlying profits on Tuesday, driven by upward spiral in home prices and strong sales.<\/p>\n<p>Underlying profit, excluding revaluation gains on investment properties, climbed to HK$19.97 billion for the July to December period. Net profit that included property revaluation gains was up 59.9 per cent to HK$33 billion. Revenue for the six-month period rose 19 per&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.scmp.com\/business\/companies\/article\/2134926\/hong-kongs-sun-hung-kai-properties-records-36pc-interim-profit\" target=\"_blank\">Hong Kong\u2019s Sun Hung Kai Properties records 36pc interim profit jump<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Sun Hung Kai Properties, Hong Kong\u2019s second-largest developer by market capitalisation, reported a 36.7 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-81195","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-l7B","jetpack-related-posts":[{"id":104467,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-properties-posts-31-2-per-cent-drop-in-interim-profit-as-it-adopts-new-accounting-standard\/","url_meta":{"origin":81195,"position":0},"title":"Sun Hung Kai Properties posts 31.2 per cent drop in interim profit as it adopts new accounting standard","date":"February 27, 2019","format":false,"excerpt":"\r Sun Hung Kai Properties, Hong Kong\u2019s biggest developer by market value, reported a 31.2 per cent fall in underlying profit for the six months to December because of a change in accounting policy, it said in a filing to the Hong Kong stock exchange on Wednesday.The company said that\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172536,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shkp-posts-4-6-profit-rise-amid-hong-kongs-property-recovery\/","url_meta":{"origin":81195,"position":1},"title":"SHKP posts 4.6% profit rise amid Hong Kong\u2019s property recovery","date":"September 10, 2026","format":false,"excerpt":"\r Sun Hung Kai Properties (SHKP), Hong Kong\u2019s biggest developer by market capitalisation, reported its underlying profit for the year ending June rose 4.6 per cent to HK$22.85 billion (US$2.91 billion), excluding investment property revaluations. Meanwhile, its reported profit increased to HK$21.43 billion, backed by a HK$1.38 billion net revaluation\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":170642,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shkp-hong-kongs-bellwether-developer-posts-36-jump-in-first-half-net-profit\/","url_meta":{"origin":81195,"position":2},"title":"SHKP, Hong Kong\u2019s bellwether developer, posts 36% jump in first-half net profit","date":"February 26, 2026","format":false,"excerpt":"\r Sun Hung Kai Properties (SHKP), Hong Kong\u2019s largest developer by market capitalisation, reported a 36.2 per cent year-on-year jump in first-half net profit to HK$10.25 billion (US$1.3 billion). Revenue rose 32 per cent to HK$52.7 billion for the six months ended December from a year earlier, while operating income\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":45860,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-reports-57pc-increase-in-first-half-core-profit-on-strong-home-sales\/","url_meta":{"origin":81195,"position":3},"title":"Sun Hung Kai reports 57pc increase in first half core profit on strong home sales","date":"February 28, 2017","format":false,"excerpt":"\r Sun Hung Kai Properties, Hong Kong\u2019s largest property developer by market capitalisation, on Tuesday reported a 57 per cent increase in first-half underlying net profit, driven by strong home sales in Hong Kong. The developer, which has a diversified portfolio of flats, retail and office space in both Hong\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114581,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/worse-to-come-for-hong-kongs-hotel-retail-sectors-warns-sun-hung-kai-properties-as-profit-takes-a-pounding-from-coronavirus-protests\/","url_meta":{"origin":81195,"position":4},"title":"Worse to come for Hong Kong\u2019s hotel, retail sectors, warns Sun Hung Kai Properties as profit takes a pounding from coronavirus, protests","date":"February 27, 2020","format":false,"excerpt":"\r Sun Hung Kai Properties, the biggest Hong Kong developer by value, warned of a bleak outlook for the hospitality and retail sectors after its hotel business took a pounding in the second half of last year.The company\u2019s hotel operating profit plummeted by HK$595 million, or 75.1 per cent, to\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124699,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-sun-hung-kai-properties-hysan-post-declining-profits-say-more-challenges-ahead\/","url_meta":{"origin":81195,"position":5},"title":"Hong Kong developers Sun Hung Kai Properties, Hysan post declining profits, say more challenges ahead","date":"February 24, 2022","format":false,"excerpt":"\r Two of Hong Kong\u2019s biggest property developers and retail landlords have posted declining results and foresee more challenges ahead, as the city\u2019s social distancing rules keep consumers away from shopping centres.Sun Hung Kai Properties (SHKP), which owns neighbourhood shopping centres New Town Plaza and Yoho Mall in Sha Tin\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\/81195"}],"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=81195"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/81195\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=81195"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=81195"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=81195"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}