Fast Retailing (06288) operated a multinational clothing brand, with the status of "time still brand". Both income and net profit fell in the first quarter up to the end of November 2019. During the period, the operating profit fell by 3.3% to 6234 yen, with a shortfall of 3.5 to 709 yen, while economic profit fell 12.4% to 916 yen, mainly due to the sharp decline in earnings and profits of Southern Taiwan UNIQLO and Hong Kong INIQL, coupled with the increase in fluorine temperature. The profit improvement of the Wine Administration 8 UNIQL0 service was lower than expected during the ◎ period, with an overall gross profit increase of 50.2%, a year-on-year decline of 0.2%.
Japan's UNIQLO posted first-quarter earnings of 2330 yen. Year-on-year decline of 5.3%. Operating profit rose 1.6 per cent to 385 yen. Same-store sales fell 4.1 per cent year-on-year during the period. As for overseas UNIQLO, first-quarter earnings fell 3.6 to 2807 yen. Operating profit fell 28% to 378 yen, of which. South Korea has boycotted Japanese movies since July last year, resulting in a sharp drop in same-store sales in South Korea. But. Excluding Hong Kong and overseas UNIQLO earnings, revenue and profit increased.
In terms of GU. Both earnings and potential profits increased in the first quarter of this year, with earnings rising 11.4% year-on-year to 729 yen. Yaoying profit increased by 44.44 to 1230 yen, while the net sales plan of the same store recorded an increase: from the continuation of the whole set of concentrated fabrics and early sales, the direct decline in costs, coupled with the improvement in discounts, led to a substantial year-on-year improvement of 3.2 percentage points in gross Li & Fung. In the face of the global spread of the new type of pneumonia, the market was closed earlier and opened 200 markets in the mainland, but now more than 100 markets have been reopened. In addition, JMC revised downwards its annual performance forecast for 2020, which is expected to reach 165 billion Japanese dollars for the whole year, compared with an annual increase of 1.5 percent, and it is expected to revise downwards 10 billion daily laps in advance.
Trend, since the formation of a downward trajectory in November last year, sexual STC rose to wear and fall, HACD reported the gap between bulls, short-term improvement, can test 38 yuan, anti-resistance 42.50 yuan, do not fall below 35.8 yuan must be held
