HK shares of Fast Retailing hit 7-week low on Q1 profit miss

Ariake Japan

10/01/2025 02:38

** HK shares of Fast Retailing  6288.HK  fall 4.4% to
HK$23.70, lowest since Nov. 19, 2024
    ** Stock set for biggest one-day pct decline since Nov. 1,
2024
    ** Uniqlo brand operator's Q1 results trail analysts'
estimates as a sharp decline in profit in China overshadowed
strong sales in its home market of Japan
    ** Co's operating profit rises 7.4% y/y to 157.6 bln yen
($996.8 mln) in the November quarter, slightly below LSEG
consensus forecast of 160 bln yen
    ** Stock set for second straight week of losses

 (Reporting by Donny Kwok)
 ((donny.kwok@thomsonreuters.com))