{"id":97000,"date":"2018-08-31T07:02:21","date_gmt":"2018-08-31T00:02:21","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-sino-land-reports-99-9-per-cent-profit-jump-as-chengdu-property-sale-boosts-bottom-line\/"},"modified":"2018-08-31T08:03:40","modified_gmt":"2018-08-31T01:03:40","slug":"hong-kong-developer-sino-land-reports-99-9-per-cent-profit-jump-as-chengdu-property-sale-boosts-bottom-line","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-sino-land-reports-99-9-per-cent-profit-jump-as-chengdu-property-sale-boosts-bottom-line\/","title":{"rendered":"Hong Kong developer Sino Land reports 99.9 per cent profit jump, as Chengdu property sale boosts bottom line"},"content":{"rendered":"


\nHong Kong developer Sino Land said on Thursday its underlying net profit for the first half of 2018 had nearly doubled to HK$11 billion (US$1.4 billion), boosted by the disposal of a property in Chengdu, even as property sales revenue declined.
\nThe company\u2019s underlying net profit to shareholders, excluding the fair value change of its investment properties, and a gain on a 20 per cent interest retained in the Chengdu project, rose by 99.9 per cent year on year. Excluding the one-off gain…
\n
\nSource : South China Morning Post
\nRead more…Hong Kong developer Sino Land reports 99.9 per cent profit jump, as Chengdu property sale boosts bottom line<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong developer Sino Land said on Thursday its underlying net profit for the first...<\/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-97000","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-pew","jetpack-related-posts":[{"id":81414,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-sino-land-to-give-special-dividend-after-core-profit-rises-by-218-per-cent\/","url_meta":{"origin":97000,"position":0},"title":"Hong Kong developer Sino Land to give special dividend after core profit rises by 218 per cent","date":"February 28, 2018","format":false,"excerpt":"\r Hong Kong developer Sino Land said on Wednesday it will pay out a special dividend after posting a 218.6 per cent jump in underlying profit for the July to December period. Its earnings were helped by a one-off gain from the disposal of a development in Chengdu, which also\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":65736,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sino-land-boosts-its-cash-with-sale-of-most-of-stake-in-chengdu-property-for-us1-34-billion\/","url_meta":{"origin":97000,"position":1},"title":"Sino Land boosts its cash with sale of most of stake in Chengdu property for US$1.34 billion","date":"September 7, 2017","format":false,"excerpt":"\r Sino Land has agreed to sell 80 per cent of its mixed property development in the western Chinese city of Chengdu to a Shenzhen-listed firm for HK$10.51 billion (US$1.34 billion), a sale that could help it make new acquisitions. The residential, commercial and hotel project, to be built on\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":104513,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-sino-land-reports-half-year-profit-of-hk2-37-billion-expects-improved-sales-in-second-half\/","url_meta":{"origin":97000,"position":2},"title":"Hong Kong\u2019s Sino Land reports half-year profit of HK$2.37 billion, expects improved sales in second half","date":"February 28, 2019","format":false,"excerpt":"\r Hong Kong property developer Sino Land reported a 73 per cent drop in underlying net profit attributable to shareholders for the July to December period, with the decline attributed to distortions created by one-off asset disposals in the year earlier period.Underlying profit, excluding the revaluation gains on investment property,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":45114,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sino-land-posts-11-4-per-cent-drop-in-net-profit\/","url_meta":{"origin":97000,"position":3},"title":"Sino Land posts 11.4 per cent drop in net profit","date":"February 22, 2017","format":false,"excerpt":"\r Hong Kong-listed developer Sino Land posted an 11.4 per cent drop in net profit to HK$3.4 billion (US$437 million) for the six month period ended December 31, because of lower gains from the disposal of investment properties. Earnings per share stood at HK$ 0.56, down from HK$0.64, while the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":125604,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-k-wah-reports-first-decline-in-core-profit-since-2017-in-absence-of-dividend-from-chairman-lui-che-woos-casino-firm-galaxy-entertainment\/","url_meta":{"origin":97000,"position":4},"title":"Hong Kong developer K Wah reports first decline in core profit since 2017 in absence of dividend from chairman Lui Che-woo\u2019s casino firm Galaxy Entertainment","date":"March 22, 2022","format":false,"excerpt":"\r K Wah International Holdings, the property developer owned by one of Macau\u2019s biggest casino owners, reported its first drop in annual core earnings since 2017 after a Covid-19 led tourism slump deprived it of dividends from the gambling business.The company\u2019s 2021 underlying profit, excluding a revaluation gain on investment\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":23845,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-sino-land-reports-flat-earnings-growth\/","url_meta":{"origin":97000,"position":5},"title":"Hong Kong developer Sino Land reports flat earnings growth","date":"August 24, 2016","format":false,"excerpt":"\r Hong Kong developer Sino Land reported 0.9 per cent growth in underlying e\r \r Source : South China Morning Post\r Read more...Hong Kong developer Sino Land reports flat earnings growth","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\/97000"}],"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=97000"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/97000\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=97000"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=97000"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=97000"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}