KUALA LUMPUR: Aeon Credit Service (M) Bhd
, which posted a 47.9% year-on-year increase in net profit in the third quarter of the financial year ended Nov 30, 2025, said it expects to sustain its business momentum in the final quarter of its financial year.
"The group maintains a cautious business stance due to the ongoing global trade and tariff policy, prevailing geopolitical tensions, inflationary pressures and volatility in global financial markets.
"It will continue to remain prudent, placing emphasis on growing quality asset and closely monitoring the inherent credit risks in its financing portfolios," it said in comments accompanying its filing with the stock exchange.
The group said it will also continuously enhance its information technology capabilities to improve on operational efficiencies while establishing an ecosystem to be built from the AEON Group of Companies operating in Malaysia to expand on its customer reach.
In the quarter under review, Aeon Credit's net profit jumped 47.9% to RM91.81mil on the back of revenue of RM622.41mil, up 10.75% from the same quarter in 2024.
Year-to-date, the group posted a net profit of RM241.59mil against RM239.64mil in the year-ago period, and revenue of RM1.84bil against RM1.63bil in the comparative period.
Total transaction and financing volume for the financial period-to-date grew 8% to RM6.754bil compared to the preceding year corresponding period.
The share of losses in AEON Bank for the financial period-to-date recorded at RM54.04mil as compared to RM45.51mil recorded in the preceding year corresponding period mainly due to the higher cost incurred for technology, personnel and marketing support for the launch of business banking.
Loan loss coverage ratio stood at 228% as at Nov 30, 2025, compared to 231% a year earlier.
