Shimao reported a 20.5 per cent jump in net profit for the first half of the year. Photo: Bloomberg

Shimao's net jumps, but weak sales spur cut in R&F's target

Drop in turnover forces R&F to lower the bar in the wake of a price war

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Shimao reported a 20.5 per cent jump in net profit for the first half of the year. Photo: Bloomberg
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