{"id":83761,"date":"2018-03-26T20:42:37","date_gmt":"2018-03-26T13:42:37","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-sets-sights-on-us127-4b-annual-sales-by-2020\/"},"modified":"2018-03-26T21:03:01","modified_gmt":"2018-03-26T14:03:01","slug":"evergrande-sets-sights-on-us127-4b-annual-sales-by-2020","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-sets-sights-on-us127-4b-annual-sales-by-2020\/","title":{"rendered":"Evergrande sets sights on US$127.4b annual sales by 2020"},"content":{"rendered":"<p>&#013;<br \/>\nChina Evergrande, the Guangzhou-based developer, is aiming to ratchet up its annual sales to 800 billion yuan (US$127.4 billion) by 2020, from 550 billion yuan in projected sales for this year.<br \/>\nThe country\u2019s third-largest developer by sales value shifted its goalposts early last year more towards profitability and cutting debt.<br \/>\n\u201cWe are striving for annual sales of 800 billion yuan and total assets of 3 trillion yuan by 2020,\u201d its chairman Hui Ka-Yan told a media briefing on&#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\/2138994\/evergrande-sets-sights-us1274b-annual-sales-2020\" target=\"_blank\">Evergrande sets sights on US7.4b annual sales by 2020<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; China Evergrande, the Guangzhou-based developer, is aiming to ratchet up its annual sales to 800&#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-83761","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-lMZ","jetpack-related-posts":[{"id":22372,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-raised-2016-property-sales-target-to-300-billion-yuan\/","url_meta":{"origin":83761,"position":0},"title":"China Evergrande raised 2016 property sales target to 300 billion yuan","date":"August 9, 2016","format":false,"excerpt":"\r Guangdong-based China Evergrande Group, the country\u2019s second largest property developer, has raised its 2016 full-year sales target by 50 per cent to 300 billion yuan amid strong home sales.\r \r Source : South China Morning Post\r Read more...China Evergrande raised 2016 property sales target to 300 billion yuan","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":96826,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developer-evergrande-delivers-whopping-101pc-rise-in-half-time-profit\/","url_meta":{"origin":83761,"position":1},"title":"Developer Evergrande delivers whopping 101pc rise in half-time profit","date":"August 28, 2018","format":false,"excerpt":"\r China Evergrande, the country\u2019s third largest property developer by sales, posted a thumping 101.5 per cent surge in first-half core profit on Tuesday, and officials said they expect to easily top its annual sales targets, despite Beijing\u2019s measures to cool the still-overheating national housing market. Interim core profit came\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":64796,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-first-half-profit-jumps-832pc-on-strong-sales-lower-debt\/","url_meta":{"origin":83761,"position":2},"title":"China Evergrande first-half profit jumps 832pc on strong sales, lower debt","date":"August 28, 2017","format":false,"excerpt":"\r China Evergrande Group, the country\u2019s largest property developer by sales in 2016, reported first-half profit jumped 832 per cent to 18.8 billion yuan, in line with analysts\u2019 expectations, thanks to higher selling prices for its properties and a greater volume of sales booked during the period. A poll by\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":59701,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrandes-first-half-sales-jump-72-per-cent\/","url_meta":{"origin":83761,"position":3},"title":"China Evergrande\u2019s first-half sales jump 72 per cent","date":"July 4, 2017","format":false,"excerpt":"\r China Evergrande Group, the country\u2019s largest homebuilder, said its first-half contracted sales rose 72 per cent from a year earlier to 244 billion yuan. That\u2019s 54 per cent of the company\u2019s sales target of 450 billion yuan for the year. Evergrande achieved sales of 61.1 billion yuan in June,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":71052,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-raises-another-us9bn-to-cut-debt-ahead-of-shenzhen-listing\/","url_meta":{"origin":83761,"position":4},"title":"China Evergrande raises another US$9bn to cut debt ahead of Shenzhen listing","date":"November 6, 2017","format":false,"excerpt":"\r China Evergrande Group, the country\u2019s largest property developer by sales, has raised another 60 billion yuan (US$9 billion) from strategic investors as it looks to further reduce debt ahead of the listing of its property arm, Hengda Real Estate, on the Shenzhen Stock Exchange. The latest funding, the third\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":56568,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-raises-another-us5-78b-after-selling-a-quarter-of-property-subsidiary-hengda\/","url_meta":{"origin":83761,"position":5},"title":"Evergrande raises another US$5.78b, after selling a quarter of property subsidiary Hengda","date":"June 1, 2017","format":false,"excerpt":"\r China Evergrande Group, the country\u2019s largest property developer by sales, raised 39.5 billion yuan (US$5.78 billion) in a second round of funding this year on Thursday morning, by selling stakes in one of its core property subsidiaries to a group of 13 investors, including Shenzhen-based Shen Yip Group. Together\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\/83761"}],"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=83761"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/83761\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=83761"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=83761"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=83761"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}