AUSTRALIA'S biggest retailer, Coles Myer, said its first-half net profit rose 3.6 per cent over last year, reflecting a 2.9 per cent rise in sales.
The company said its profit rose to A$245.1 million (about HK$1.35 billion) in the six months ended January 23.
The company declared a fully franked interim dividend of 11 cents, unchanged from a year earlier.
Fully franked means that the full corporate tax rate has been paid.
Coles Myer earlier said half-year sales were dampened by sluggish growth in its department stores.
The company's sales growth compares with a gain of 12.2 per cent in half-year sales at the nation's second biggest retail group, Woolworths Ltd.
Woolworths is not part of the United States company of the same name.