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Hong Kong stocks are moving | Uniqlo's parent company Fast Retailing (06288) fell over 5%. The operating profit for the first fiscal quarter was slightly below expectations.
Fast Retailing, the parent company of Uniqlo (06288), has dropped over 5%. As of the time of writing, it has decreased by 5.24%, trading at 23.5 Hong Kong dollars, with a transaction volume of 0.1523 million Hong Kong dollars.
Fast Retailing's Fiscal Q1 Profit Jumps 22%; Tokyo Shares Dip 7%
FAST RETAIL-DRS announced that trading will resume from 10 AM on January 10.
FAST RETAIL-DRS (06288) announced that the company's depositary securities will resume trading on January 10, 2025, at 9:00 AM.
FAST RETAIL-DRS (06288.HK): The net profit attributable to shareholders in the first fiscal quarter was 131.9 billion yen, a year-on-year increase of 22.4%.
On January 9, Gelonghui reported that FAST RETAILING-DRS (06288.HK) announced that the total comprehensive income for Fast Retailing Co., Ltd. in the first quarter of the fiscal year 2025 (from September 1 to November 30, 2024) was 895.1 billion yen (an increase of 10.4% compared to the same period last year), reflecting the essence of business operating profit, the total "business profit" (total comprehensive income less sales costs and sales, general and administrative expenses) was 156.9 billion yen (an increase of 11.0% year-on-year), recording significant growth in both revenue and profit. This was mainly due to Japan.
FAST RETAIL-DRS: FIRST QUARTERLY RESULTS ANNOUNCEMENT FOR THE THREE MONTHS ENDED 30 NOVEMBER 2024 AND RESUMPTION OF TRADING
Uniqlo Owner Reports Strong Growth in Japan, Western Markets