Earnings report released on Wednesday shows supermarket made $859m net profit in past six months as higher prices hit shoppers Follow our Australia news live blog for latest updates Get our breaking news email , free app or daily news podcast Woolworths has reported a significant 16.4% rise in profit, helped by expanding its margins in its key supermarket business. In its half-year earnings report released on Wednesday, Woolworths recorded an increase in underlying net profit to $859m over the six months to 4 January, up from $739m in the prior corresponding period. Continue reading...