name: Xinong Group
Wesfarmers Limited (Wesfarmers Limited) is Australia’s largest listed company and one of Australia’s largest retailers. It is headquartered at 40 Perth Esplanade, Western Australia.
Sino Group is Australia’s largest private employer company, with more than 200,000 employees. In 2006, the official reported net profit was US$1.05 billion and operating costs were US$8.9 billion.
On July 2, 2007, Xinong announced the acquisition of the retail business of Coles Group for US$22 billion. On November 23, 2007, XI Nong Group officially took over Coles after paying US$20 billion.
Xi Nong Group was established as a Westralian Farmers Cooperative in June 1914. The company mainly provides services and goods to rural communities in Western Australia.
The service area of Sino Group covers Australia, Bangladesh, New Zealand, and the United Kingdom; the chairman is Bob Every and the CEO is Richard Goyder.
In 2012, Xinong Group had revenues of US$58.9 billion, operating income of US$3.55 billion, profits of US$2.13 billion, total assets of US$42.31 billion, total equity of US$25.63 billion, and a total of 220,000 employees.
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