Aeon Credit falls 5.08% as 2Q earnings drop 39% to RM49.13m

Aeon Credit falls 5.08% as 2Q earnings drop 39% to RM49.13m

The Edge Markets - Malaysia·2019-09-27 09:24

KUALA LUMPUR (Sept 27): Aeon Credit Service (M) Bhd shares fell 5.08% this morning after its net profit dropped 39.1% to RM49.13 million for 2Q ended Aug 31, 2019 (2QFY20) from RM80.64 million a year ago, on increased impairment losses. Revenue, however, was up by 21.8% to RM404.45 million from RM332.09 million, on higher total transactions and financing volume which rose 23%.

……

Read full article on The Edge Markets - Malaysia

Business

Comments

Leave a comment in Nestia App