AUSSIE CHAIN SHOWS STRONG RESULTS IN TOUGH TIMES

SYDNEY, Australia (FNS) -- Woolworths here said it boosted profits by 12% to $167 million on sales of $4.9 billion (up 11%) in the half-year ended Jan. 7.The company, Australia's largest food retailer, said the improved results came despite relentless competitive pressures, a weaker Australian dollar and the impact of the new goods and services tax.Roger Corbett, Woolworths' chief executive officer,

SYDNEY, Australia (FNS) -- Woolworths here said it boosted profits by 12% to $167 million on sales of $4.9 billion (up 11%) in the half-year ended Jan. 7.

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