March 6 (Reuters) - Australia's biggest department store operator Myer Holdings MYR.AX on Wednesday reported a first half profit, as a cost-cutting drive and efforts to prop up online sales began to show results.
Net profit came in at A$38.4 million ($27.20 million) for the six months to Jan. 26, compared to a loss of A$476.2 million for the same period a year earlier.
Total sales fell 2.8 percent during the period to A$1.67 billion.
($1 = 1.4116 Australian dollars)