TOKYO : Japan’s Fast Retailing, the owner of clothing brand Uniqlo, said on Thursday its third-quarter operating profit surged 29 per cent.
Profit rose to 144.7 billion yen ($894.81 million) in the three months to May 31 from 112.5 billion yen in the year-earlier period. The consensus forecast was for earnings of 127.1 billion yen, based on a LSEG poll of six analysts.
The company raised its full-year profit forecast to 475 billion yen from 450 billion yen.
($1 = 161.7100 yen)
From: channelnewsasia
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