PETALING JAYA: Aeon Credit Service (M) Bhd’s net profit for its first quarter ended May 31, 2021 has ballooned five times year-on-year (y-o-y) to RM163.09mil from RM26.28mil previously.
This was mainly due to lower impairment loss and prudent cost management recorded in the quarter. The group’s revenue rose 5.4% y-o-y to RM410.97mil from RM389.88mil in the corresponding quarter last year.
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