Telstra lifts profit 10%

Posted on 15/08/2009  
Telstra has recorded a 10.3% rise in net profit to $4 billion for FY2009, above market expectations of a $3.8 billion profit. Revenue was up 2.7% to $25.5 billion and earnings before interest and tax (EBIT) rose 5.3% to $6.6 billion. The accounts included a $9.06 million payout to former CEO Sol Trujillo.

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