SYDNEY: Australia's Coles Group Ltd on Wednesday reported better-than-expected half-year profit, as coronavirus lockdowns boosted demand for household essentials and drove sales at the country's No. 2 supermarket chain.
Restrictions on movement to curb the spread of fresh waves of COVID-19 meant Australians stocked up on groceries such as food supplies and cleaning products instead of travelling and eating out, bumping up sales at supermarkets.
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