HK Stock Market Move | FAST RETAIL-DRS (06288) rose more than 8% to a historical high. Revenue in the previous quarter increased by about 15% year-on-year. The company raised its full-year profit forecast.

FAST RETAIL-DRS (06288) rose more than 8% in the afternoon, hitting a new historical high. As of the time of writing, it is up 8.27% at 30.1 Hong Kong dollars. In terms of news, FAST RETAIL-DRS released its first-quarter performance for the fiscal year 2026 ending in November, with revenue of 1,027.45 billion yen, an increase of 14.8% year-on-year; net profit of 147.445 billion yen, an increase of 11.7% year-on-year. In addition, FAST RETAIL-DRS expects full-year operating profit of 650 billion yen, up from the previous forecast of 610 billion yen and higher than the market expectation of 616.25 billion yen. It also expects full-year net profit of 450 billion yen, up from the previous forecast of 435 billion yen and higher than the market expectation of 444.36 billion yen.