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Bunnings star performer in Wesfarmers 1.2% profit boost

2016-02-24 00:59:39| Agriculture - Topix.net

Net profit was A$1.4 billion in the six months ended Dec.31, compared to A$1.37 billion a year earlier, while the retail portfolio had a 9.2 percent boost in earnings before interest and tax to A$176 million following good Christmas season trading in all businesses, the company said. Revenue rose 4.7 percent to A$33.5 billion despite stiff competition in the supermarket sector from Woolworths and Aldi impacting Coles, its largest business.

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