WES wesfarmers limited

News: WES Australia's Wesfarmers logs near 5% annual profit rise

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    Aug 25 (Reuters) - Australia's retail giant Wesfarmers (WES) recorded a 4.8% rise in its full-year profit on Friday, boosted by strong performance by its hardware unit Bunnings, budget department store Kmart and the chemicals, energy and fertilisers unit.

    The country's largest-listed conglomerate said net profit after tax came in at A$2.47 billion ($1.58 billion), compared to A$2.35 billion a year earlier.

    It came in line with a Refinitiv Eikon estimate. ($1 = 1.5593 Australian dollars)

 
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