Telstra Fiscal-Year Net Profit Up 5.4%

Telstra

reported a 5.4% rise in its net profit for the financial year ended June 30. Telstra's net profit for the period climbed to 3.41 billion Australian dollars (US$3.61 billion), versusA$3.23 billion, in the year-ago period. Telstra also announced its plans to pay a final dividend of 14 cents per share. Telstra shares closed at $20.78 yesterday.