(Reuters) – Japan’s Fast Retailing Co, owner of clothing brand Uniqlo, reported on Thursday a 16.4% rise in first-half operating profit.
The company said operating profit was 220 billion yen ($1.65 billion) in the six months through February, against 189 billion yen a year earlier.
Fast Retailing raised its full-year profit forecast to 360 billion yen from its January forecast of 350 billion yen. That compares with a consensus forecast for annual profit to total 347 billion yen, according to a Refinitiv poll of 14 analysts.
($1 = 133.3200 yen)
(Reporting by Eimi Yamamitsu; Editing by Muralikumar Anantharaman)
