Swedish H&M profit hit 6 percent rise in Q4


(MENAFN) Swedish retailer Hennes & Mauritz AB recorded a significant rise in profit in the fourth quarter, despite the shifting of currency values and increased investments, according to Arab News



Net profit if the fashion maker hit a 6 percent rise in three months to the end of November reaching USD871 million



Earnings were lower than expected, and shares dropped 3 percent


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