KUALA LUMPUR: Aeon Co. (M) Bhd recorded significant increase in its profit after tax (PAT) for the first quarter of the 2024 financial year (1Q FY2024...
KUALA LUMPUR: Aeon Co. Bhd recorded significant increase in its profit after tax for the first quarter of the 2024 financial year , reaching RM57.5 million. This represents a 51% increase compared to the RM38.2 million recorded during the same quarter last year. Both the retail business segment and the property management services segment recorded revenue growth this quarter.
The property management services segment also reported a revenue increase of 13.0%, with RM186.9 million in 1Q FY2024 compared to RM165.4 million in the corresponding quarter. Aeon managing director Naoya Okada said, “Amid the challenging operating environment where consumers remained cautious with their spending, we stay focused in ensuring flawless execution of our strategic priorities, prioritising customers in everything we do. As we celebrate our 40th anniversary in Malaysia this year, we are hosting special events and promotions to create smiles and connect hearts with our customers, business partners, and suppliers.
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