{"id":96373,"date":"2018-08-20T22:03:08","date_gmt":"2018-08-20T15:03:08","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-property-firm-vankes-first-half-profit-rises-25-per-cent-as-faster-construction-lifts-sales\/"},"modified":"2018-08-20T23:04:15","modified_gmt":"2018-08-20T16:04:15","slug":"chinese-property-firm-vankes-first-half-profit-rises-25-per-cent-as-faster-construction-lifts-sales","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-property-firm-vankes-first-half-profit-rises-25-per-cent-as-faster-construction-lifts-sales\/","title":{"rendered":"Chinese property firm Vanke\u2019s first-half profit rises 25 per cent as faster construction lifts sales"},"content":{"rendered":"<p>&#013;<br \/>\nChina Vanke, the country\u2019s second-largest property developer by sales, posted a 25 per cent rise in first-half profit on Monday, as a faster construction speed helped it sell more homes.<br \/>\nNet profit climbed to 9.1 billion yuan (US$1.3 billion) for the first six months of this year, while revenue rose 55 per cent to 105 billion yuan from the same period last year.<br \/>\nVanke achieved 23.2 million square metres (249.7 million square feet) of new construction floor area, up 40 per cent from the&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/2160566\/chinese-property-firm-vankes-first-half-profit-rises-25-cent-faster\" target=\"_blank\">Chinese property firm Vanke\u2019s first-half profit rises 25 per cent as faster construction lifts sales<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; China Vanke, the country\u2019s second-largest property developer by sales, posted a 25 per cent rise&#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-96373","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-p4p","jetpack-related-posts":[{"id":64524,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-vankes-first-half-profit-jumps-37pc\/","url_meta":{"origin":96373,"position":0},"title":"China Vanke\u2019s first-half profit jumps 37pc","date":"August 24, 2017","format":false,"excerpt":"\r China Vanke, the country\u2019s second largest homebuilder by sales, posted a 37 per cent rise in its first-half profit, benefitting from improved margin of its booked projects. Net profit grew to 7.3 billion yuan (US$1.1 billion) for the first six months, beating the HK$6.4 billion forecast of one analyst\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":32487,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-lifts-stake-in-vanke-to-7-per-cent\/","url_meta":{"origin":96373,"position":1},"title":"China Evergrande lifts stake in Vanke to 7 per cent","date":"November 1, 2016","format":false,"excerpt":"\r Property giant China Evergrande Group has further raised its stake in rival China Vanke to 7 per cent from 6.82 per cent, according to a stock exchange statement. Vanke\u2019s Hong Kong shares hit a two-month high of HK$20.9 by 10:53 am. Its shares in Shenzhen also rose 0.8 per\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":105453,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-and-china-vanke-report-profit-gains-and-high-debt-ratios-during-2018\/","url_meta":{"origin":96373,"position":2},"title":"China Evergrande and China Vanke report profit gains and high debt ratios during 2018","date":"March 27, 2019","format":false,"excerpt":"\r Mainland property developers China Vanke and China Evergrande Group reported upbeat profit results for 2018, along with higher debt levels.Evergrande, chaired by billionaire Hui Ka-yan, saw core profit jump 93.3 per cent to 78.32 billion yuan (US$11.88 billion) for the year, up 93.3 per cent on year, while revenue\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":49714,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-vanke-profit-climbs-16-per-cent-beating-forecasts\/","url_meta":{"origin":96373,"position":3},"title":"China Vanke profit climbs 16 per cent, beating forecasts","date":"March 26, 2017","format":false,"excerpt":"\r China Vanke, the property giant which has just emerged from a 16-month shareholders\u2019 battle, announced a better than expected 16 per cent net profit growth for 2016. Net profit for the year amounted to 21.02 billion yuan (US$3.05 billion), or 1.9 yuan per share, up 16 per cent from\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":56090,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shui-on-land-sells-chongqing-assets-to-china-vanke-for-4-1-billion-yuan\/","url_meta":{"origin":96373,"position":4},"title":"Shui On Land sells Chongqing assets to China Vanke for 4.1 billion yuan","date":"May 27, 2017","format":false,"excerpt":"\r Shui On Land, the property developer founded by tycoon Vincent Lo Hong-sui, has sold one of its largest mixed commercial projects in mainland China for 4.1 billion yuan (US$596.3 million). In a statement to the Hong Kong stock exchange on Friday night, Shui On said it would reap a\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102696,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/record-high-sales-at-chinese-developer-vanke-which-unveiled-to-survive-slogan-in-2018\/","url_meta":{"origin":96373,"position":5},"title":"Record high sales at Chinese developer Vanke, which unveiled \u2018to survive\u2019 slogan, in 2018","date":"January 4, 2019","format":false,"excerpt":"\r China Vanke, mainland China\u2019s second-largest property developer by sales, said on Friday it generated 606.95 billion yuan (US$88.28 billion) in sales last year, a record high for the company. Vanke said contracted sales in December were up by 8 per cent compared with the previous month, generating 63.01 billion\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\/96373"}],"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=96373"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/96373\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=96373"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=96373"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=96373"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}