Fast Retailing (TYO:9983), operator of Uniqlo, posted a 19.2% rise in attributable profit to 233.57 billion yen for the six months ended February, driven by a 12% gain in revenue to 1.790 trillion yen, according to a Thursday filing on the Tokyo Stock Exchange.
Diluted earnings per share rose to 760.21 yen from 637.68 yen a year earlier.
The apparel group raised its interim dividend to 240 yen from 175 yen. In a board meeting held Thursday, the company revised its full-year dividend estimate to 480 yen per share, up from a previous forecast of 450 yen, citing improved full-year guidance.
The year-end dividend is now projected at 240 yen, up from an earlier estimate of 225 yen.
Fast Retailing expects attributable profit of 410 billion yen for the year ending August, up 9.5%, on revenue of 3.4 trillion yen. It projected full-year diluted earnings per share of 1,366.51 yen.
Operating profit is now estimated at 545 billion yen, up from the previous forecast of 530 billion yen.
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