Aeon Credit profit up due to stronger revenue and other incomes


Aeon Credit Services has enjoyed healthy net interest margin (NIM) in the past

PETALING JAYA: Stronger performance of revenue and other operating incomes led Aeon Credit Service (M) Bhd to post a 17.5% higher net profit year-on-year (yoy) of RM80.05mil for the final quarter of financial year 2017 (4Q17) ended Feb 28.

In a filing with Bursa Malaysia, the non-bank lender announced that its top line for 4Q17 increased significantly by 12.6% to RM290.84mil, compared to RM258.29mil a year earlier.

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