Telstra Full Year Result - TLS posts bigger profit and announces $1.5bn share buyback


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Telstra (TLS) posted a 36.6% lift in annual profit to $5.78bn while underlying numbers were largely in-line with expectations. The result was buoyed by a bigger than expected contribution from its NBN business, but held back by weaker income in Mobile. TLS received a $1.8bn boost from the sale of its stake in Chinese car site Autohome.

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