Fast Retailing income falls by 44pc

Japan's Fast Retailing (6288), owner of casual clothing brand Uniqlo, said net profit for the year ended August 31 slumped by 44.4 percent year-on-year to 90.35 billion yen (HK$6.66 billion).

Full-year revenue fell by 12.3 percent to 2 trillion yen. Fast Retailing declared a final dividend of 240 yen per share. Basic earnings per share were 885.15 yen.