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  • October 31, 2014
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  1. China Overseas Land expects pre-sales boost

    Posted Mar 18th 2011, 12:00am by Yvonne Liu

    ... Yvonne Liu China Overseas Land and Investment set a bold sales target for the year, despite market fears that demand is falling because of government measures to slow home sales. The boost is expected to come from 'contracted' or pre-sold units, which it expects to increase by 19 per cent this year. Last year, contracted sales amounted to total gross floor area of 5.3 million ...

  2. Longfor expects growing sales despite curbs

    Posted Mar 22nd 2011, 12:00am by Paggie Leung

    ... Paggie Leung Mainland developer Longfor Properties expects contract sales to grow 20 per cent to 40 billion yuan (HK$47.53 billion) this year, despite central government austerity measures ... December 31. Its contract sales reached 33.32 billion yuan, up 81.5 per cent year on year, and far ahead of its original target of 24.8 billion yuan. Net profit rose 86.95 per cent to 4.13 billion ...

  3. Henderson Land profits hit by sale controversy

    Posted Mar 18th 2011, 12:00am by Peggy Sito

    ... Peggy Sito Henderson Land Development said underlying profit dropped 16 per cent last year after it cancelled the sale of 20 flats at its controversial 39 Conduit Road development. ... attributable share of a total of HK$864 million in losses from the cancellation of property sales during the year. The luxury Mid-Levels development was mired in controversy after the company said ...

  4. Emperor sales to be booked in 2012 year

    Posted Nov 26th 2010, 12:00am by Yvonne Liu

    ... Yvonne Liu Emperor International Holdings has generated HK$1.9 billion from property sales so far this year but will only book them in the next financial year. The company launched its ... of the 75 flats at The Java have been sold at an average HK$12,500 per square foot. The revenue from property sales will be improved next financial year, compared with a loss of HK$70.95 million ...

  5. Bullish SHKP raises sales target to HK$26b

    Posted Sep 21st 2010, 12:00am by Sandy Li

    ... Sandy Li Sun Hung Kai Properties (SHKP) has raised its sales target by 12 per cent to HK$26 billion for this fiscal year, shrugging off worries about government measures to cool ... cent week-on-week decline last week. Home sales have fallen for two consecutive weeks since the government last month tightened mortgage lending and resale rules, and said it was releasing more ...

  6. Henderson Land hurt by cancelled sales

    Posted Aug 27th 2010, 12:00am by Peggy Sito

    ... Peggy Sito Henderson Land Development, the developer in the spotlight over controversial flat sales at its luxury 39 Conduit Road development, said underlying profit fell 37.36 per cent, mainly due to a loss from the cancellation of the sale of 20 units at the Mid-Levels project. The developer said underlying profit, which excludes property revaluation gains, amounted to HK$1.32 ...

  7. Aeon Stores, Giordano see profits surge on strong mainland sales

    Posted Aug 26th 2010, 12:00am by Charlotte So

    ... Charlotte So Stronger retail sales on the mainland and across Asia more than doubled profits at Aeon Stores and Giordano in the first half, and both see solid growth in China ... earlier on a strong recovery in retail sales. Meanwhile, Giordano International, a casual wear retailer, reported its net profit for the first half leaped 320 per cent year-on-year to HK$202 ...

  8. Kerry's core profit up 84pc on strong sales

    Posted Aug 27th 2010, 12:00am by Sandy Li

    ... Sandy Li Kerry Properties has secured 59 per cent of its annual HK$9 billion sales target so far this year after announcing a bumper interim result. It said its underlying interim profit rose 84 per cent to HK$1.81 billion for the six months to June, thanks to strong property sales in Hong Kong. Taking into account a HK$841 million revaluation gain on investment properties, net ...

  9. Sino Land core profit falls 2.6pc on dive in sales

    Posted Sep 03rd 2010, 12:00am by Yvonne Liu

    ... Yvonne Liu Sino Land yesterday reported a big jump in net profit but underlying earnings fell 2.62 per cent for the year to June due to lower property sales. The company's underlying ... billion. Net profit, including revaluation surplus, jumped 63 per cent to HK$6.09 billion. Revenue from property sales plunged 49 per cent to HK$4.57 billion from HK$6.81 billion. The fall ...

  10. Parkview up 420pc on office sale speculation

    Posted Sep 11th 2010, 12:00am by Nick Westra, Yvonne Liu

    ... Nick Westra and Yvonne Liu Hong Kong Parkview Group, which has interests in mainland property development, nearly tripled in trading yesterday after hinting at an impending major transaction. Its shares have surged nearly six-fold in the past two days, cl ...




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