Aeon Co earnings to receive year-end boost

KUALA LUMPUR: Aeon Co (M) Bhd could be seeing "surging improvement" ahead due to the normalisation of business activities although the group's property management services might see slower improvement given the new rent structure, said Kenanga Research.

In a note, the research firm said improvement in the final quarter of the year will be underpinned by the usual year-end demand and approaching festivities while the opening of interstate travel has seen a higher volume of traffic in both the Northern and Southern regions.