Fast Retailing's (TYO:9983) profit attributable to owners of the parent climbed 20% to 279.3 billion yen for the fiscal first half ended Feb. 28, from 233.6 billion yen a year earlier.
The UNIQLO parent company's earnings per share increased to 909 yen from 760.21 yen a year ago, according to a Tokyo bourse filing on Thursday.
Revenue jumped 15% to 2.055 trillion yen for the period from 1.790 trillion yen in the prior year.
The giant retailer also raised its outlook for the fiscal year ending Aug. 31, citing robust performance, an improved second-half outlook and the impact of a weaker yen.
Fast Retailing now expects an attributable profit of 480 billion yen from 450 billion yen previously, basic EPS of 1,564.39 yen from 1,466.64 yen, and revenue of 3.900 trillion yen from 3.800 trillion yen.
In a separate filing, Fast Retailing said its board agreed to distribute an interim dividend of 320 yen per share from retained earnings as of Feb. 28.
The total dividend payment amounts to 98.2 billion yen, payable on May 11, which is higher than the previous year's interim dividend of 240.00 yen per share.
Fast Retailing also raised its year-end dividend forecast to 320 yen per share from 270 yen initially, which is more than the 260.00 yen per share paid in the year-ago period.
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