ASDA raised its profits by 4% last year amid uncertain economic conditions and increased market share helped by the acquisition of Netto Foodstores.
Accounts filed at Companies House by the supermarket giant show the company made £767.8m profit before tax in 2011, compared with £739.1m in the preceding year.
Owned by America's Wal-Mart, Asda said revenues increased by 6.3% annually to £21.8bn due to underlying sales growth, store openings and the £752m acquisition of Netto in April last year.
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