Sainsbury H1 Pretax Profit Up 5.4%
J Sainsbury PLC (OTC: JSAIY) reported a 5.4% increase in its first half pre-tax profit.
Sainsbury's profit before tax excluding one-time items surged to GBP373 million. Its total sales rose 4% to GBP13.37 billion.
Sainsbury's net profit climbed to GBP320 million from GBP302 million.
It also lifted its interim dividend by 6.7% to 4.8 pence a share.
Sainsbury shares closed at $21.94 yesterday.
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