Australia's Wesfarmers' first-half profit rises 3%

WESFARMERS

19/02/2025 21:49

Feb 20 (Reuters) - Australian conglomerate Wesfarmers
 WES.AX  posted a 3% rise in its first-half profit on Thursday,
helped by strong performance in its hardware unit Bunnings and
its budget department store chain Kmart Group.
    Wesfarmers' net profit after tax came in A$1.47 billion
($932.57 million) for the six months ended December 31, compared
with A$1.43 billion a year ago and the Visible Alpha consensus
estimate of A$1.45 billion.



($1 = 1.5763 Australian dollars)

 (Reporting by Sameer Manekar and Aaditya Govind Rao in
Bengaluru; Editing by Shilpi Majumdar)
 ((Sameer.Manekar@thomsonreuters.com; Twitter: https://twitter.com/sameer_manekar))