China Vanke Co. has first-half net profit jumped 54% due to strong sales performance, The Wall Street Journal reported. Net profit rose to 1.22 billion yuan from 795.05 million yuan a year earlier, China's largest listed property developer by market capitalization said in a statement. Shenzhen-based Vanke said core revenue rose 53% to 6.62 billion yuan from 4.33 billion yuan. Vanke's profit and revenue growth came despite measures taken by Beijing during the past several months to curb overly rapid growth in property prices. Analysts have said the measures may benefit Vanke, given its size, as they could squeeze out smaller firms that have rushed to build luxury properties, said the paper.