By  on April 12, 2018

TOKYO — Fast Retailing on Thursday reported a rise in both profit and sales in its fiscal first half. Due to the strong results, the Japanese retailer also revised upward its full-year estimates.

For the six months ended Feb. 28, Fast Retailing’s net profit rose 7.1 percent to 104.15 billion yen ($973.9 million), despite a 9.9 billion yen impairment loss and a foreign exchange loss of 6.9 billion yen.

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