Aeon Credit posts 4Q net profit of RM88.39m


Aeon Credit managing director, Yuro Kisaka said domestic demand will continue to be key driver, as household spending is likely to be supported by the government in driving the economic demand.

KUALA LUMPUR: Aeon Credit Service (M) Bhd posted net profit of RM88.39mil in the fourth quarter ended Feb 29,2020 which was slightly higher than the RM87.61mil a year ago but remained cautious for the current year due to the Covid-19 pandemic.

It announced on Thursday its revenue increased by 14.9% to RM43.28mil from RM359.53mil a year ago. Earnings per share were 31.36 sen compared with 33.04 sen.

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