Feb 22 (Reuters) - Australian shopping mall developer Westfield Corp said full-year underlying net profit rose 2 percent on a constant currency basis as it withstood tough retail conditions and competition from online retail platforms such as Amazon.com Inc.
Underlying net profit was $706.8 million for the year to Dec. 31, better than analysts' average estimate of A$679.4 million, according to Thomson Reuters I/B/E/S. Underlying profit excludes one-off items.
The company said it would pay a final dividend of 25.5 cents per share, compared with 25.1 cents the previous year.
Reporting by Devika Syamnath in Bengaluru; Editing by Byron Kaye and Alison Williams