Weak performance in Japan dampens Fast Retailing's Q3 results

The Fast Retailing Group has reported rises in both revenue and profit in the third quarter of fiscal 2019 with consolidated revenue increasing to 1.8228 trillion yen, up 7 percent and operating profit rising 3.7 percent to 247.6 billion yen (2.29 billion dollars) and profit before income taxes up 4.1 percent to 247.2 billion yen (2.29 billion dollars). The company said, profit attributable to owners of the parent rose to 158.6 billion yen (1.47 billion dollars), up 7 percent year-on-year.