Coles posts billion-dollar profit despite penalties
Coles has reported a $1.1 billion profit from $45 billion in sales over the past financial year, with shareholder dividends increasing despite recent penalties. The results come months after the Federal Court found the supermarket chain misled customers with fake 'Down Down' discounts and the Fair Work Commission discovered thousands of employees had been historically underpaid. See omnystudio.com/listener for privacy information.
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