Aeon Credit net profit up

Aeon Credit managing director Yuro Kisaka (pic) said the company has navigated through the unprecedented crisis by focusing on manpower allocation, sales growth and receivables collection.

PETALING JAYA: Aeon Credit Service (M) Bhd has posted a 5.46% year-on-year (y-o-y) jump in its net profit to RM51.81mil for its second quarter ended Aug 31.

This was mainly due to lower impairment losses on financing receivables, personnel expenses and advertising expenses recorded.