Yanlord Land

Yanlord Land back in the black with H1 net profit of 379.2 million yuan

This comes amid a shift in the product mix of properties delivered

Yanlord Land Group is a Singapore-listed property player with a focus on the Chinese market.

Yanlord Land’s H2 loss widens to 2.9 billion yuan, weighed down by Chinese market

The Singapore-listed group’s revenue declined 42% to 16.4 billion yuan, from 28.6 billion yuan in 2023

UE bought freehold 79 Anson Road in late-2012 for S$410 million from the Central Provident Fund Board and German fund manager SEB.  

Yanlord’s United Engineers looks to sell 50% stake in 79 Anson Road redevelopment for S$325 million

The site has permission granted for a mixed-use project with offices, retail space and serviced apartments in the CBD here

DBS analysts believe that the window to unlock value in Yanlord’s asset-heavy business portfolio may be narrowing.

Broker’s take: DBS downgrades Yanlord Land to ‘hold’ with revised price target of S$0.70

The research team states that improved sentiment due to China’s newly proposed economic policy measures has already been priced in

Yanlord Land Group's loss per share for the period was 25.16 fen, compared to an earnings per share of 56.7 fen a year ago.

Yanlord Land Group sinks into the red with 486 million yuan H1 loss on write down

Loss comes despite revenue increasing 34.8% to 20 billion yuan

The loss is attributed to an increase in fair value loss on investment properties, the write-down of completed properties for sale and properties under development for sale, and an increase in net impairment losses on financial assets.

Yanlord records H2 loss of 2 billion yuan; FY23 ‘exceptionally unusual’ with China’s real estate credit crisis, CEO says

CHINESE property developer Yanlord Land Group sank into the red with a net loss of two billion Chinese yuan (S$378.9 million) in the fiscal second half ended Dec 31, 2023, reversing from a net profit ...

Yanlord has also noted potential fair value losses on certain investment properties in China.

Yanlord expects net losses for second half, full year in FY2023

CHINESE property developer Yanlord Land Group expects to record net losses for the six months as well as full year ended Dec 31, 2023, it said in a Monday (Jan 8) bourse filing. The profit guidance an...

Yanlord and its joint ventures and associates have recorded around two billion yuan of subscription sales as at Dec 31, 2023.

Yanlord’s contracted pre-sales halve to 32.4 billion yuan in FY2023

CHINESE property developer Yanlord Land Group logged 32.4 billion yuan (S$6.1 billion) in total contracted pre-sales in the financial year ended December 2023. The figure is down 52.5 per cent from th...

Yanlord Land’s total contracted presales for September is down by 83.2 per cent to 1.57 billion yuan.

Yanlord reports 26.1 billion yuan in property presales for first 9 months of 2023

CHINESE property developer Yanlord Land Group recorded 26.1 billion yuan (S$4.8 billion) in total contracted presales from residential units, commercial units and car parks for the first nine months o...

“The group will continue to adopt a prudent development strategy, focused and refined operational management and rigorous financial policies to cope with the ever-changing market environment," said Yanlord’s chairman and chief executive officer Zhong Sheng Jian.

Yanlord Land records 20% fall in H1 net profit to 1 billion yuan

PROPERTY developer Yanlord Land Group posted a net profit of approximately one billion yuan (S$186.9 million) for the half year ended June 2023, down 20 per cent from the 1.4 billion yuan a year ago.