Australia's Wesfarmers first-half profit jumps 3% on strong demand [Reuters]
WESFARMERS LTD UNSP/ADR (WFAFY)
NASDAQ:AMEX Investor Relations:
wesfarmers.com.au/investor-centre
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Source: Reuters
by strong performance at its budget department store operator Kmart and hardware business Bunnings. Sales and earnings of Bunnings division benefited from strong consumer and commercial demand and Kmart logged its record first-half earnings on strong growth in apparel sales. Wesfarmers' net profit after tax was A$1.43 billion ($927.93 million) for the six months ended Dec. 31, compared with A$1.38 billion a year earlier. That beat analysts' expectations of A$1.34 billion, according to LSEG data. Ad Break Coming Up NEXT Stay Next Off English 180p 288p 360p 480p 540p 576p 720p HD 1080p HD Auto (180p) About Connatix V429283 About Connatix V429283 Skip Ad Continue watching after the ad Visit Advertiser website GO TO PAGE The Perth-headquartered firm declared an interim dividend of 91 Australian cents per share, up from 88 Australian cents apiece declared last year. ($1 = 1.5411 Australian dollars) Reporting by Sameer Manekar in
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