Quick take: Aeon Co shares slip on lower earnings


KUALA LUMPUR: Shares in Aeon Co (M) Bhd fell in early trade Thursday after the group reported a 77% fall in its profit in the first quarter ended Jan 31, 2020 due to the higher tax expenses.

The department store operator and retailer's shares fell 2.65%, or three sen to RM1.10. It is currently trading at a PE ratio of 14 times. The counter has fallen 22.53% so far this year.

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