Wesfarmers lifts profit 27{845d44a2f09c0018d802e19e78941a85dc2180e4ed7410cee0b34e8cb134ecea} despite Coles slump

Retail giant Wesfarmers has reported a 27.6 per cent jump in full-year profit, but revealed a slump from its earnings powerhouse, Coles.
The conglomerate said net profit after tax for the 12 months to June 30 was $2.87 billion, up from $2.25 billion a year earlier, excluding impairments recorded against Target and its coal assets in 2016. Sydney Morning Herald – Read more…