UNIQLO PAR­ENT’S AN­NUAL EARN­INGS SOAR TO RECORD HIGH

The Sun (Malaysia) - - SUNBIZ -

TOKYO: Uniqlo’s par­ent com­pany said yes­ter­day that its an­nual net profit more than dou­bled from a year ago to a record thanks to strong sales and as a cheaper yen in­flated prof­its. Fast Re­tail­ing’s net profit came in at ¥119 bil­lion (RM4.22 bil­lion) in the fis­cal year through Au­gust, with rev­enue up 4.2% at ¥1.86 tril­lion, it said. Asia’s big­gest re­tailer said sales were par­tic­u­larly strong at Uniqlo’s for­eign out­lets in­clud­ing in China and around Asia-Pa­cific. – AFP

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