
Retail and industrial conglomerate Wesfarmers has reported a 12.7 per cent drop in its interim profit to $1.21 billion in what the company described as the most disrupting period of the pandemic.
The Perth-headquartered company that owns major chains including Bunnings, Officeworks, and Kmart Group - which includes Target - declared a weaker dividend of 80 cents per share, down from 88 cents previously.