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As expected: Aeon Credit results for the third quarter ended Nov 30 is within market expectations
KUALA LUMPUR: Aeon Credit Service (M) Bhd ’s share price fell 1.16% in early trade despite reporting higher net profit for the third quarter ended Nov 30, 2017. (4-0)
During the quarter in review, the consumer financing provider saw revenue growing 11.4% to RM312.3mil. The company’s earnings per share (EPS) rose to 28.86 sen from 27.32 sen previously. For the cumulative nine-month period, Aeon Credit’s net profit increased 17.7% to RM217.7mil.
KUALA LUMPUR: Aeon Credit Service Bhd sees no material impact arising from the recent additional tax bill, as the company keeps a steady growth outlook for the financial year ending Feb 28, 2018 (FY18). (4-0)
KUALA LUMPUR: Aeon Credit Service Bhd said it had been served with notices of additional assessment and penalties totalling almost RM97mil from the taxman. (4-0)