Wal-Mart reports 11% rise in earnings

United States retailing giant Wal-Mart has reported an 11% rise in Q4 earnings.

Thu, 19 Feb, 2004 - 17:34

United States retailing giant Wal-Mart has reported an 11% rise in Q4 earnings.

Clothing sales helped drive the figures as Christmas gift vouchers and the cold weather sent shoppers flocking to the stores for warm clothes.

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<p>Cork-founded information and communication technologies company PFH Technology has posted turnover of €178.5m, up 18% on the previous year, with operating profits increasing to €19.8m.</p>

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