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Telstra Fiscal-Year Net Profit Up 5.4%

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Telstra (OTC: TLSYY) 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.

 

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