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    Tesco says full-year profit up 2 percent

    The Associated Press
    22.04.2009 - 00:00 | Son Güncelleme:

    LONDON - British retailer Tesco reported full-year profits rose 2 percent to 2.17 billion pounds ($3.15 billion) despite higher than expected losses on its fledgling U.S. venture.

    In the year ending Feb. 28, Tesco said revenue was up 15 percent to 54.3 billion pounds. The net profit compared to 2.12 billion pounds in the previous year. Tesco said it expected losses in the current year to be broadly the same as last year.

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