Yanlord Land

Broker's Calls

DBS downgrades Yanlord Land Group to 'hold', but upgrades TP to 70 cents

The analysts expect Yanlord to record net losses in FY2024 to FY2025 forecasts.

Property

Yanlord announces over 75% y-o-y increase in precontracted sales in August

Yanlord Land Group has announced a 75.6% y-o-y increase in pre-contracted sales to approximately RMB12.03 billion ($2.40 billion) in August.

Broker's Calls

Yanlord Land ‘red hot’, set to outperform sales target with strong summer sales: KGI

Chinese real estate developer Yanlord Land Group Limited is “red hot”, and if its pre-sale figures are anything to go by, the company is on its way to exceeding a RMB 70 billion ($13.92 billion) sales target, says KGI Securities.

Yanlord director doubles stake; Dairy Farm director buys shares amid 52-week low

SINGAPORE (Mar 13): Hong Pian Tee, an independent director of Yanlord Land Group, nearly doubled the number of shares he held in the China-based developer, which is now trading at near its 52-week-low.

CWX Global, Yanlord and Union Gas see transactions by top management

SINGAPORE (Jan 10): Jeff Cheong Wei Xiong of CWX Global is no longer a substantial shareholder of the company he chairs. On Jan 3, via a married deal, Cheong sold 140 million shares at 0.5 cent each, cutting his stake from 7.25% to 3.66%.

Corporate moves

Market chatter suggests Yanlord is poised to make a general offer for United Engineers

SINGAPORE (Oct 28): After The Edge Singapore went to press on Oct 24, an announcement was due to be made on a transaction involving United Engineers. Yanlord Land, Perennial Real Estate Holdings and UE had announced a trading halt on Oct 22. An analyst wh
Yanlord says all units of Yanlord Gardens sold out on first day; pre-sales of $282 mil achieved

Property

Yanlord says all units of Yanlord Gardens sold out on first day; pre-sales of $282 mil achieved

SINGAPORE (July 2): China-based developer Yanlord Land says all 357 apartment units of its Yanlord Gardens project in Nantong, Jiangsu, were sold on the first day of launch on Tuesday.

Results

Yanlord reports 10% rise in FY18 earnings to $715 mil on higher operating income and fair value gains

SINGAPORE (Feb 27): Yanlord Land the developer of luxury residential apartments in selected Chinese cities, reported FY18 earnings grew 10.2% to RMB 3.5 billion ($715 million) from a year ago.

Results

Yanlord 9M18 earnings overtakes FY17

SINGAPORE (Nov 13): Stronger property sales and better margins have helped Yanlord Land’s earnings for the nine months ended Sept 30 (9M18) has overtaken full-year earnings for the preceding FY17.
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