Tag Archives: write-down

Wesfarmers’ write-downs put dent in profits

Wesfarmers has posted a significant decline in its net profit after tax for the 2017-18 financial year, according to IBISWorld. IBISWorld says the results clearly show the effects of impairment charges on its Target and Bunnings UK businesses. Revenue improved by three per cent, including an 8.9 per cent increase …

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