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AEON net profit up 2.1% YoY in FY2024/25
Revenue rose 8.4% YoY to $1.759b.
AEON Credit reported a 2.1% year-on-year (YoY) rise in net profit to $400.5m in FY2024/25.
Revenue for the period rose 8.4% YoY to $1.759b due to steady increase in credit card receivables and personal loan receivables.
Revenue growth was also driven by a 10.4% rise in fees and commissions, fueled by higher transaction volumes in credit card acquiring and the launch of new insurance products.
The board has recommended a final dividend of $0.25 per share, bringing the total dividend for FY2024/25 to $0.49 per share, representing a dividend payout ratio of 51.2%.
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