WES wesfarmers limited

News: WES Australia's Wesfarmers half-year profit rises 14%

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    Feb 15 (Reuters) - Australian retail conglomerate Wesfarmers Ltd (WES) posted a 14% rise in first-half profit on Wednesday, helped by robust trading conditions and solid earnings growth in its Kmart Group and commodities business.

    Half-year net profit after tax stood at A$1.38 billion ($964.90 million), compared with A$1.21 billion a year earlier. The figure beat analysts' expectation of A$1.37 billion, according to Refinitiv data. ($1 = 1.4302 Australian dollars)

 
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