Tesco posts $4.5 billion profits

British retail giant Tesco has announced pre-tax profits of £3.1 billion ($4.5 billion), up 10 percent from the previous year. Overall sales for the year were up by 13 percent to £59.4 billion ($86.55 billion) — taking sales to an incredible £1 billion ($1.45 billion) a week. Its performance abroad — particularly in Asia — was equally promising, as overall international sales grew by 11.9 percent

Share