{"id":96826,"date":"2018-08-28T23:23:56","date_gmt":"2018-08-28T16:23:56","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/developer-evergrande-delivers-whopping-101pc-rise-in-half-time-profit\/"},"modified":"2018-08-29T00:04:49","modified_gmt":"2018-08-28T17:04:49","slug":"developer-evergrande-delivers-whopping-101pc-rise-in-half-time-profit","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developer-evergrande-delivers-whopping-101pc-rise-in-half-time-profit\/","title":{"rendered":"Developer Evergrande delivers whopping 101pc rise in half-time profit"},"content":{"rendered":"


\nChina 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.
\nInterim core profit came in at 55.01 billion yuan (US$8.07 billion), while revenue rose 59.8 per cent to 300.35 billion yuan on the same period last year.
\nContracted sales in the…
\n
\nSource : South China Morning Post
\nRead more…Developer Evergrande delivers whopping 101pc rise in half-time profit<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

China Evergrande, the country\u2019s third largest property developer by sales, posted a thumping 101.5 per...<\/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-96826","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-pbI","jetpack-related-posts":[{"id":110283,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-first-major-mainland-developer-to-report-profit-decline-as-cooling-measures-hit-sales\/","url_meta":{"origin":96826,"position":0},"title":"China Evergrande first major mainland developer to report profit decline as cooling measures hit sales","date":"August 28, 2019","format":false,"excerpt":"\r China Evergrande, the country\u2019s third largest property developer by sales, posted a 45 per cent plunge in first-half core profit on Wednesday, becoming the first among the mainland\u2019s top developers to report a decline in earnings.The sharp fall in core earnings \u2013 its first drop since the first half\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118250,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-countrys-biggest-developer-by-sales-says-coronavirus-discounts-to-blame-for-expected-46-per-cent-decline-in-first-half-profit\/","url_meta":{"origin":96826,"position":1},"title":"China Evergrande, country\u2019s biggest developer by sales, says coronavirus, discounts to blame for expected 46 per cent decline in first-half profit","date":"August 17, 2020","format":false,"excerpt":"\r China Evergrande, the country\u2019s biggest property developer by sales, said its net profit for the first half of 2020 is expected to decline by about 46 per cent to 14.7 billion yuan (US$2.1 billion) because of the coronavirus pandemic and discounts offered to buyers.The setback is mainly due to\u2026","rel":"","context":"In "Property News"","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":96826,"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 "Property News"","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":96826,"position":3},"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118405,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-stays-upbeat-on-home-sales-target-amid-margin-squeeze-losses-in-electric-car-venture\/","url_meta":{"origin":96826,"position":4},"title":"China Evergrande stays upbeat on home sales target amid margin squeeze, losses in electric car venture","date":"August 31, 2020","format":false,"excerpt":"\r China Evergrande, the country\u2019s biggest property developer by sales, is confident of achieving its sales target even as the group faces its biggest financial challenge after profit slumped on impact from the Covid-19 outbreak. It will focus on paring its debt burden.The developer posted a 24 per cent gain\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":22372,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-raised-2016-property-sales-target-to-300-billion-yuan\/","url_meta":{"origin":96826,"position":5},"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/96826"}],"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=96826"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/96826\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=96826"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=96826"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=96826"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}