PETALING JAYA: The increase in Aeon Credit Service (M) Bhd
’s non-performing loan (NPL) ratio at the end of the second quarter of financial year 2015 (FY15) and the soft market ahead may cause investors to stay on the sidelines, says RHB Research.
It said Aeon Credit’s third quarter FY15 net profit of RM48mil was below expectations, with nine-month FY15 net profit of RM152mil representing 72% to 73% of its and consensus estimates, respectively.
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