Aeon Credit’s 1Q net profit jumps by 20.9%
KUALA LUMPUR (Jul 4): Aeon Credit Service (M) Bhd’s net profit jumped 20.9% in the first financial quarter ended May 31 (1QFY18) to RM75.8 million from RM62.7 million in the previous corresponding period, partly boosted by bad debt recovery and commission earned from sale of insurance products.
The company’s revenue grew 15.5% to RM302.3 million in 1QFY18 from RM261.6 million a year ago.
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