AEON Credit Service's Profit Drops 27% in Fiscal Q1

MT Newswires Live
07-09

AEON Credit Service (KLSE:AEONCR) said its profit attributable to shareholders slumped 27.1% to 77.5 million ringgit in the fiscal first quarter ended May 31, from 106.4 million ringgit a year earlier, according to a Tuesday Malaysian bourse filing.

Shares slid 1% in recent trade on Wednesday.

Basic earnings per share plunged to 0.1519 ringgit from 0.2084 ringgit a year ago.

Revenue, however, grew to 599.9 million ringgit from 522.3 million ringgit a year ago, the department store operator said.

The board did not recommend a dividend for the period.

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