1 week Ago By Azanis Shahila Aman
KUALA LUMPUR: Aeon Credit Service (M) Bhd reported a lower net profit of RM370.61 million for the financial year ended February 2025 (FY25) compared to RM424.02 million a year ago.
However, the company registered higher 15.1 per cent revenue of RM2.20 billion in FY25 compared to RM1.
91 billion recorded in the preceding year (FY24)."The growth was driven by 15.3 per cent increase in transaction and financing volume, which reached RM8.
41 billion year-on-year (YoY)," it said. For the fourth quarter ended Feb 29, 2025, Aeon Credit reported a higher net profit of RM130.97 million from RM118.
92 million last year.Its revenue grew 14.6 per cent to RM575.
04 million in the quarter from RM501.57 million of the preceding year corresponding quarter.The company recommended a final single-tier dividend of 14.
50 sen per share, scheduled for payment on July 24, subject to shareholder approval at the forthcoming annual general meeting, with the date to be announced later.The total dividend payable for FYE25 amounting to RM146.80 million with a payout ratio of 39.
6 per cent.Aeon Credit said as it enters the new financial year, the company remains focused on long-term sustainability, staying true to its purpose of "Bringing Finance Closer to Everyone." To realise the vision, the Aeon Living Zone initiative has been set in motion.
"A dedicated project team has been formed, targeting a market rollout in the first half of FY26."This initiative will introduce a tiered membership programme with enhanced privileges, designed to expand customer reach while strengthening loyalty," it added.The company expects to be able to maintain its business momentum by implementing the appropriate measures for FY26.
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