{"id":8938,"date":"2016-03-23T12:53:59","date_gmt":"2016-03-23T05:53:59","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/agile-property-net-profit-plunges-68-per-cent-on-higher-land-costs-forex-losses\/"},"modified":"2016-03-23T19:16:28","modified_gmt":"2016-03-23T12:16:28","slug":"agile-property-net-profit-plunges-68-per-cent-on-higher-land-costs-forex-losses","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/agile-property-net-profit-plunges-68-per-cent-on-higher-land-costs-forex-losses\/","title":{"rendered":"Agile Property net profit plunges 68 per cent on higher land costs, forex losses"},"content":{"rendered":"<p>&#013;<\/p>\n<p>  Guangdong developer Agile Property said on Wednesday that net profit fell 67.6 per cent to 1.39 billion yuan (HK$1.66 billion) on higher land costs and foreign exchange losses, despite an increase in revenue.&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.scmp.com\/business\/article\/1929406\/agile-property-net-profit-plunges-68-cent-higher-land-costs-forex-losses\" target=\"_blank\">Agile Property net profit plunges 68 per cent on higher land costs, forex losses<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Guangdong developer Agile Property said on Wednesday that net profit fell 67.6 per cent to&#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-8938","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\/p75ss1-2ka","jetpack-related-posts":[{"id":8916,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/net-profit-of-chinas-agile-property-plunges-68pc\/","url_meta":{"origin":8938,"position":0},"title":"Net profit of China\u2019s Agile Property plunges 68pc","date":"March 23, 2016","format":false,"excerpt":"\r Guangdong developer Agile Property reported its revenue increased but net profit fell 67.6 per cent to 1.39 billion yuan due to surging cost and foreign exchange losses.\r \r Source : South China Morning Post\r Read more...Net profit of China\u2019s Agile Property plunges 68pc","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":22019,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uols-profit-plunges-55-in-q2-on-investment-losses\/","url_meta":{"origin":8938,"position":1},"title":"UOL&#039;s profit plunges 55% in Q2 on investment losses","date":"August 5, 2016","format":false,"excerpt":"\r Artist\u2019s impression of Botanique at Bartley by UOL Group. Property developer UOL Group has reported a 55 percent slump in net profit to S$68.8 million in the second quarter ended 30 June 2016, due mainly to fair value losses on investment properties. The Singapore-listed company recorded losses totalling S$21.5\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172294,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hang-lung-profit-falls-as-property-losses-and-weak-offices-offset-record-mall-rents\/","url_meta":{"origin":8938,"position":2},"title":"Hang Lung profit falls as property losses and weak offices offset record mall rents","date":"July 31, 2026","format":false,"excerpt":"\r Hong Kong developer Hang Lung Properties\u2019 underlying profit fell in the first half as losses from property sales, higher finance costs and a weak mainland China office market offset record rental income from its shopping malls. Underlying net profit declined 10 per cent from a year earlier to HK$1.44\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3313,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/union-properties-profit-plunges-in-dubai-slowdown\/","url_meta":{"origin":8938,"position":3},"title":"Union Properties profit plunges in Dubai slowdown","date":"February 1, 2016","format":false,"excerpt":"\r \r Profits at Union Properties, the Dubai developer behind Motor City and the Green Community, halved last year as the company was hit hard by a slowdown in the emirate's property market.Union Properties reported that net profit for the year sank to Dh434.6 million - down 49.7 per cent\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124334,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/agile-group-becomes-latest-debt-ridden-chinese-developer-to-be-rescued-by-state-owned-company\/","url_meta":{"origin":8938,"position":4},"title":"Agile Group becomes latest debt-ridden Chinese developer to be rescued by state-owned company","date":"January 24, 2022","format":false,"excerpt":"\r State-backed companies are coming to the rescue of embattled Chinese developers pushed to the edge of financial ruin by Beijing\u2019s \u201cthree red lines\u201d borrowing restrictions.Agile Group, one of the country\u2019s top 20 home sellers, said it will sell its 26.7 per cent stake in a Guangzhou property joint venture\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8698,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/henderson-land-annual-underlying-profit-rises-12-per-cent-on-higher-sales\/","url_meta":{"origin":8938,"position":5},"title":"Henderson Land annual underlying profit rises 12 per cent on higher sales","date":"March 21, 2016","format":false,"excerpt":"\r Henderson Land Development said its underlying profit, which excludes property revaluation gains, rose 12 per cent to HK$11 billion for the year ended December, compared to HK$9.82 billion for the previous year.\r \r Source : South China Morning Post\r Read more...Henderson Land annual underlying profit rises 12 per cent\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\/8938"}],"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=8938"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/8938\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=8938"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=8938"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=8938"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}