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  • September 24, 2014
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Results 1 - 10 of 162 for luxury property

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  1. Business - Companies - EARNINGS

    K Wah aims to double its investment property portfolio

    Posted Aug 25th 2014, 02:26pm by Sandy Li

    ... Sandy Li sandy.li@scmp.com K Wah to step up investment focus after sales slide K Wah International aims to double its investment property portfolio to 200,000 square metres in the next three to four years in a bid to enhance its recurrent income after first-half profit sank 76 per cent to HK$214 million due to a sharp fall in property sales. Excluding a HK$101.94 million ...

    http://www.scmp.com/business/companies/article/1580530/k-wah-international-profit-down-76pc
  2. Property - Hong Kong & China - EARNINGS

    Poly Property to step up sales drive to meet annual target

    Posted Aug 21st 2014, 03:58pm by LANGI CHIANG AND PEGGY SITO

    ... Langi Chiang and Peggy Sito Poly Property to step up sales drive Poly Property Group said yesterday it would speed up sales in the second half to hit its full-year target of 28 billion ... it with Poly Real Estate, which is listed in Shenzhen. He gave no timetable or details. Poly Property shares fell 1.4 per cent to end at HK$3.53 yesterday after it reported a 42.2 per cent drop ...

    http://www.scmp.com/property/hong-kong-china/article/1578489/poly-property-profit-down-422pc
  3. Property - Hong Kong & China - EARNINGS

    SHKP sees tough times ahead for property developers in Hong Kong

    Posted Sep 13th 2014, 04:08am by Sandy Li

    ... Sandy Li sandy.li@scmp.com Greater competition for buyers and heavy subsidies on taxes will hit profit of city's property firms next year, the developer warns market SHKP sees tough times ahead for developers Sun Hung Kai Properties, the city's largest developer by market value, expects competition to heat up next year, with heavy subsidies on stamp duties to cut ...

    http://www.scmp.com/property/hong-kong-china/article/1591291/shkp-sees-tough-times-ahead-property-developers-hong-kong
  4. Business - Companies - EARNINGS

    Shangri-La unveils new hotel brand 'Jen' as profit leaps 39 pc

    Posted Aug 21st 2014, 01:28am by TIFFANY AP

    ... new brand as profit leaps 39 pc Shangri-La Asia announced yesterday consolidated profit for the first half to June rose 39 per cent as the luxury chain relaunched its affordable business hotel brand to replace many of the Traders properties in its portfolio. The operator of the Shangri-La, Kerry and Traders chain of hotels said the new brand would be called "Hotel Jen". ...

    http://www.scmp.com/business/companies/article/1577991/shangri-la-unveils-new-hotel-brand-jen-profit-leaps-39-pc
  5. Business - China Business - EARNINGS

    New World China beats forecasts with 0.5pc rise in net profit

    Posted Sep 23rd 2014, 02:39pm by Yvonne Liu

    ... Yvonne Liu yvonne.liu@scmp.com New World China Land, the Chinese property arm of New World Development, said on Tuesday that its net profit rose 0.5 per cent for the 12 months to June, ... and a net profit of HK$4.62 billion in the same period last year. Underlying profit, excluding property revaluation gains and exchange differences, surged 34 per cent to HK$4.47 billion. Most ...

    http://www.scmp.com/business/china-business/article/1598678/new-world-china-beats-forecasts-05pc-rise-net-profit
  6. Business - Companies - EARNINGS

    Shun Tak boosts first-half core profit 225.6pc on strong property sales

    Posted Aug 29th 2014, 02:25pm by Yvonne Liu

    ... Yvonne Liu yvonne.liu@scmp.com Underlying profit at Shun Tak Holdings, which runs businesses from property to shipping and hotels, surged 225.61 per cent year on year to HK$534 million in the first half of the year, driven mainly by strong property sales. Net profit, including property revaluation gains, grew 63.99 per cent to HK$1.1 billion from HK$672 million in the first half ...

    http://www.scmp.com/business/companies/article/1581679/shun-tak-boosts-first-half-core-profit-2256pc-strong-property
  7. Business - Companies - EARNINGS

    Citic’s interim core profit flat, supported by earnings from property development

    Posted Aug 29th 2014, 02:14pm by Eric Ng

    ... in the property business, including in developing nations, chairman Chang Zhenming told reporters after the company posted flat recurring profit for the first half of the year when one-time gains in the same period last yea were excluded. “[China’s] property market has huge demand, but this cannot be without limit,” he said. “In a few more years, profitability is bound to decline after years ...

    http://www.scmp.com/business/companies/article/1581677/citics-interim-core-profit-flat-supported-earnings-property
  8. Business - Companies - EARNINGS

    Core profit rises 10.5pc at Yuexiu Property

    Posted Aug 27th 2014, 05:59pm by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com Yuexiu sees fluctuations in gross margin Guangzhou-based developer Yuexiu Property posted a 10.5 per cent year-on-year increase in first-half core earnings ... the margin would fluctuate, reflecting the unstable property market in the country. "But gross profit margins can be achieved in a range of between 20 and 30 per cent; that is still ...

    http://www.scmp.com/business/companies/article/1581152/core-profit-rises-105pc-yuexiu-property
  9. Property - Hong Kong & China - EARNINGS

    Kerry expects to hit sales target despite 56pc profit plunge in first half

    Posted Aug 21st 2014, 01:48pm by Sandy Li

    ... Sandy Li sandy.li@scmp.com Property revenue goal of HK$12 billion still on radar even as first-half profit dives 56 per cent on lower gains from logistics and revaluation Kerry expects to hit sales target despite net fall Kerry Properties said net profit plunged 56 per cent in the first half but it is confident it will hit its sales target for the year of HK$12 billion. Net ...

    http://www.scmp.com/property/hong-kong-china/article/1578398/logistics-spin-trims-kerry-properties-first-half-profit
  10. Business - Companies - EARNINGS

    Peninsula hotel owner sees profit rise by 73 per cent

    Posted Aug 20th 2014, 03:25pm by TIFFANY AP

    ... Tiffany Ap tiffany.ap@scmp.com Peninsula owner sees profit up 73pc Hong Kong & Shanghai Hotels, which operates the luxury hotel chain Peninsula, posted underlying interim profit of HK$293 million, up 73 per cent from a year ago. Chief executive Clement Kwok King-man said that occupancy rates at its Hong Kong flagship hotel had not yet been affected by a slowdown in luxury ...

    http://www.scmp.com/business/companies/article/1577695/peninsula-operators-profit-surges

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