date:Feb 06, 2013
Costco Wholesale Australias recently reported figures to the Australian Securities and Investments Commission (ASIC) show that the US-owned supermarket and discount retailer is now turning a decent profit in Australia.
The figures, obtained by Australian Food News from ASIC today, show that Costco earned a net profit of $9.73 million up to September 2012. Its report lodged at ASIC showed that its stores generated $610 million in sales and membership purchases. The Costco profit makes a turnarou