Woolworths Reports 5.1% Rise In Fiscal-Year Net Profit

Woolworths Ltd (OTC: WOLWF) reported a 5.1% rise in its annual net profit. Woolworths' net profit for the period rose to A$2.12 billion, from the previous year's A$2.02 billion, versus analysts' estimates of A$2.14 billion. Woolworths' revenue from ordinary activities climbed 4.9% to A$54.51 billion from A$51.96 billion. Woolworths also announced its plans to pay a final dividend of 65 cents per share, versus 62 cents per share, in the year-ago period.