{"id":82763,"date":"2018-03-15T12:29:31","date_gmt":"2018-03-15T05:29:31","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/swire-pacific-profit-up-by-a-half-as-property-sales-offset-losses-from-aviation-marine-services\/"},"modified":"2018-03-15T13:05:03","modified_gmt":"2018-03-15T06:05:03","slug":"swire-pacific-profit-up-by-a-half-as-property-sales-offset-losses-from-aviation-marine-services","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/swire-pacific-profit-up-by-a-half-as-property-sales-offset-losses-from-aviation-marine-services\/","title":{"rendered":"Swire Pacific profit up by a half as property sales offset losses from aviation, marine services"},"content":{"rendered":"


\nSwire Pacific, one of Asia\u2019s largest conglomerates, saw underlying profit surge 55 per cent last year, as strong property income offset losses from aviation and marine services.
\nExcluding revaluation gains on investment properties, underlying profit was HK$4.74 billion in the year ended December, according to the firm\u2019s filing to the Hong Kong stock exchange on Thursday.
\nIt was lower than the HK$5.27 billion average estimate of five analysts polled by Bloomberg.
\nThe group, whose…
\n
\nSource : South China Morning Post
\nRead more…Swire Pacific profit up by a half as property sales offset losses from aviation, marine services<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Swire Pacific, one of Asia\u2019s largest conglomerates, saw underlying profit surge 55 per cent last...<\/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-82763","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-lwT","jetpack-related-posts":[{"id":95721,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/swire-pacific-first-half-profit-dives-67-per-cent-hurt-by-cathay-pacific-and-marine-services-losses\/","url_meta":{"origin":82763,"position":0},"title":"Swire Pacific first-half profit dives 67 per cent, hurt by Cathay Pacific and marine services losses","date":"August 9, 2018","format":false,"excerpt":"\r Swire Pacific, one of Asia\u2019s largest conglomerates, saw underlying profit plunged 67 per cent in the first half as gains in investment property sales failed to offset losses from Cathay Pacific Airways and its marine services business. Excluding revaluation gains on investment properties, the underlying profit was HK$1.27 billion\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":109746,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/swire-pacific-sees-stronger-headwinds-as-hong-kong-grapples-with-increasingly-disruptive-protests\/","url_meta":{"origin":82763,"position":1},"title":"Swire Pacific sees stronger headwinds as Hong Kong grapples with increasingly disruptive protests","date":"August 8, 2019","format":false,"excerpt":"\r Swire Pacific, one of Asia\u2019s largest conglomerates, said that the protests in Hong Kong have affected many of its businesses, but is in a financially strong position to weather any challenges that could come its way.Swire Pacific, whose businesses span aviation, real estate and offshore marine services, on Thursday\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":158795,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/swire-pacific-warns-of-uncertain-outlook-after-first-half-profit-drop\/","url_meta":{"origin":82763,"position":2},"title":"Swire Pacific warns of uncertain outlook after first-half profit drop","date":"August 7, 2025","format":false,"excerpt":"\r Swire Pacific, which controls Hong Kong\u2019s flag carrier Cathay Pacific, reported a marginal decline in first-half profit due to losses in its property business and weak consumer sentiment, while adding that the group\u2019s outlook in its core markets remained uncertain for the rest of the year. The group\u2019s underlying\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":143014,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-swire-pacific-posts-record-us4-6-billion-profit-on-cathay-boost-eyes-healthcare-to-offset-property-market\/","url_meta":{"origin":82763,"position":3},"title":"Hong Kong\u2019s Swire Pacific posts record US$4.6 billion profit on Cathay boost, eyes healthcare to offset property market","date":"March 14, 2024","format":false,"excerpt":"\r Conglomerate reports record profit of HK$36.2 billion (US$4.6 billion) for 2023, nearly eight times better than 2022\u2019s HK$4.7 billion.\r \r Source : South China Morning Post\r Read more...Hong Kong\u2019s Swire Pacific posts record US.6 billion profit on Cathay boost, eyes healthcare to offset property market","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":79480,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cathay-pacific-and-offshore-marine-business-will-test-incoming-swire-chairman\/","url_meta":{"origin":82763,"position":4},"title":"Cathay Pacific and offshore marine business will test incoming Swire chairman","date":"February 9, 2018","format":false,"excerpt":"\r Turning around the fortunes of Swire Pacific\u2019s aviation and offshore marine services divisions will be the two biggest challenges facing incoming chairman Merlin Bingham Swire, according to analysts. Merlin Swire, 44, chief executive of the HK$106 billion (US$13.6 billion) Swire Group, is a sixth-generation descendant of its 19th-century founder,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118212,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/swire-pacific-posts-record-loss-in-first-half-as-covid-19-chokes-aviation-property-businesses\/","url_meta":{"origin":82763,"position":5},"title":"Swire Pacific posts record loss in first half as Covid-19 chokes aviation, property businesses","date":"August 13, 2020","format":false,"excerpt":"\r Swire Pacific, the single-largest owner of Hong Kong flag carrier Cathay Pacific Airways, fell to its first-ever loss after absorbing substantial blows in the aviation, property and oil-related businesses triggered by the coronavirus pandemic.The group incurred an underlying loss of HK$5.48 billion (US$707 million) for the six months ended\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\/82763"}],"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=82763"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/82763\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=82763"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=82763"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=82763"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}