CANBERA (dpa-AFX) - Australian retailer Wesfarmers Ltd. (WES.AX, WFAFF.PK) reported Thursday that its fiscal 2020 net profit attributable to members fell 69.2 percent to A$1.70 billion from last year's A$5.51 billion.
Profit from continuing operations dropped 16.4 percent to A$1.62 billion from last year's A$1.94 billion. Adjusted profit from continuing operations was A$2.08 billion, compared to A$1.94 billion a year ago.
Revenue from continuing operations grew 10.5 percent to A$30.85 billion from A$27.92 billion last year.
Further, the company announced distribution of A$0.95, with record date of August 26 and payment date of October 1.
Total fiscal 2020 dividend is 170 cents, compared to total fiscal 2019 dividend of 278 cents.
Copyright RTT News/dpa-AFX
WESFARMERS-Aktie komplett kostenlos handeln - auf Smartbroker.de