BRIEF-Shimao Property Posts HY Net Profit From Core Business RMB7.576 Bln

Aug 27 (Reuters) - Shimao Property Holdings Ltd:

* HY REVENUE INCREASED 32.9% TO RMB56.564 BILLION

* DECLARED PAYMENT OF AN INTERIM DIVIDEND OF HK60 CENTS PER SHARE

* HY NET PROFIT FROM CORE BUSINESS UP23.8% RMB7.576 BILLION

* HY CONTRACTED SALES RMB100.34 BILLION, UP 38.7%

* CONFIDENT TO EXCEED ANNUAL SALES TARGET OF RMB210.0 BILLION

* EXPECTED ANNUAL TOTAL SALEABLE VALUE WILL EXCEED RMB400.0 BILLION Source text for Eikon: Further company coverage: