WES wesfarmers limited

News: WES Australia's Wesfarmers first-half profit jumps 3%

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    Feb 15 (Reuters) - Australia's Wesfarmers (WES) on Thursday posted a 3% rise in half-year profit, boosted by strong performance in its budget department store operator Kmart and hardware business Bunnings.

    The retail conglomerate's 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.

    ($1 = 1.5411 Australian dollars)

 
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