Mixed outlook for AEON Credit


PETALING JAYA: Analysts have mixed views about Aeon Credit Service (M) Bhd following a hiccup in credit costs which are higher than expected.

Reviewing its recent financial results, the non-bank lender posted a lower net profit of RM71.16mil in its second quarter ended Aug 31, 2024 (2Q24).

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
AEON Credit

Next In Business News

World markets jolted, dollar dips as Trump vows tariffs on Europe over Greenland
Oil prices steady as ebbing Iranian protests lower chance of US attack
Foreign funds log second straight week of net inflows of RM716.1mil
Ringgit opens higher against greenback on better-than-expected 4Q GDP estimates
FBM KLCI slips on profit-taking as US-EU geopolitical tension escalates
Trading ideas: Binastra, Capital A, Allianz, MN, Vestland, Genting Plantations, YTL Cement, Pimpinan Ehsan, TH Plantations, Marine & General, FGV, SumiSaujana
Press Metal earnings outlook bright thanks to hedging
EU set to halt approval for trade deal with the US�
If I were an ageing oil palm tree
Hurdles in DBS’ Alliance Bank bid

Others Also Read