AEON Credit's first-quarter net profit fell 27% year-on-year to RM77.5mil.
PETALING JAYA: Aeon Credit Service (M) Bhd
maintains a cautious business stance due to ongoing global trade and tariff policy uncertainties, prevailing geopolitical tensions, inflationary pressures and volatility in global financial markets.
For its first quarter ended May 31, 2025 of financial year 2026 (1Q26), AEON Credit saw a 27% year-on-year (y-o-y) decline in its net profit to RM77.5mil, or an earnings per share of 15.19 sen, due to a higher operating and interest expense, lower other income and higher losses from an associate.
