Australia's Wesfarmers says 1H result partly lifted by Bunnings

Australia's Wesfarmers says 1H result partly lifted by Bunnings
Rebecca Howard
By Rebecca Howard Feb. 15 (BusinessDesk) - ASX-listed conglomerate Wesfarmers today reported strong earnings growth in the first half, bolstered by results in Bunnings Australia and New Zealand, Kmart and Officeworks. The company reported a net profit of A$1.58 billion in the six months to Dec. 31, up 13 percent on the year. Operating revenue was A$34.9 billion, up 4.3 percent on the year. It announced an interim dividend of  A$1.03 per share, also a 13 percent increase on the year.  “Total retail earnings were in line with the prior c...