KUALA LUMPUR: Aeon Credit Service (M) Bhd
expects to sustain its business momentum for the financial year ending Feb 28, 2027, as it remains focused on growing quality financing assets and continues to closely monitor inherent credit risks within its financing portfolio.
The group said in its results announcement to Bursa Malaysia that it will enhance its information technology capabilities to improve operational efficiencies and maintain disciplined cost management.
“In addition, the group will leverage the broader AEON ecosystem in Malaysia, particularly through its 51%-owned subsidiary AEON360 Sdn Bhd to strengthen customer loyalty, expand its customer base and enhance the overall customer experience.”
In the first quarter ended May 31, 2026, AEON Credit Service posted a net profit of RM95.16mil, an increase from RM77.55mil in the year-ago quarter as revenue rose to RM647.57mil from RM599.92mil in the comparative quarter.
The group noted that the improved revenue was due to stronger loan and financing growth.
