Aeon net profit up 27% on improved retail margin


As the nation transitions to the endemic phase of Covid-19 and as borders reopen and activities among the communities increase, Aeon said consumer spending nationwide is expected to further improve.

PETALING JAYA: Aeon Co (M) Bhd recorded a net profit of RM28.07mil in the first quarter ended March 31, 2022, a 27.38% improvement over RM22.03mil in the same period a year ago.

This was achieved on improved retail margin and higher impairment of trade receivables in the comparative quarter.

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