’s net profit for the first quarter ended May 31, was flat at RM163.07mil from RM163.09mil in the same period last year.
Aeon Credit’s total transaction and financing volume in the current quarter of RM1.48bil was higher by 5.6% as compared to the preceding year's corresponding quarter. The net financing receivables after allowance for impairment loss was RM9.284bil as at May 31 as compared to RM9.33bil last year. Other income for the current quarter was higher at RM58.73mil mainly due to higher bad debt recoveries.
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