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Fast Retailing Reports Strong Q1 Results, Resumes Trading
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Fast Retailing Reports Strong Q1 Results, Resumes Trading

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Fast Retailing Co Ltd Shs Unsponsored Hong Kong Depositary Receipt Repr 1/100th Sh ( (HK:6288) ) has issued an announcement.

Fast Retailing Co., Ltd. announced its first quarterly results for the three months ended November 30, 2024, reporting a notable increase in revenue and profits compared to the previous year. Trading in its Hong Kong depositary receipts was temporarily halted but is set to resume. The company’s robust financial performance, including a 10.4% rise in revenue and a 22.3% increase in profit for the period, reinforces its strong market positioning. The announcement also outlined dividend forecasts and consolidated business projections, indicating a positive outlook for the fiscal year ending August 2025, with expected revenue growth of 9.5%.

More about Fast Retailing Co Ltd Shs Unsponsored Hong Kong Depositary Receipt Repr 1/100th Sh

Fast Retailing Co., Ltd. is a Japanese company operating in the retail industry. It is primarily known for its clothing and apparel products, focusing on innovative and high-quality fashion offerings. The company manages a diverse range of brands and has a significant market presence both domestically and internationally.

YTD Price Performance: -3.88%

Average Trading Volume: 8,428

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$801.3B

For detailed information about 6288 stock, go to TipRanks’ Stock Analysis page.

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