M40 strategy boosts AEON Credit’s 4Q profit

Quick Summary:

AEON Credit Service (M) Bhd's strategy to provide more loans to the middle 40% (M40) income earners helped to lift its net profit by over 10% year-on-year (y-o-y) in the fourth quarter ended Feb 28, 2025 (4Q25).

This was along with increased other operating expenses in line with higher sales and revenue generated costs.

The group’s transaction and financing volume surged by 16.7%, reaching RM2.16bil in 4Q25.

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Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: /Business/Business News DividendPayout VehicleFinancing AEONCredit DigitalOnboarding LoanExpansion ProfitGrowth Corporate News M40Financing

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-09 @ 00:00:00 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 377 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 27738003

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