AEON Credit Revenue Jumps 36.2% to HK$380.0 Million in First Quarter of 2023/24, Profit Increases by 17.3% to HK$97.0 Million
In Q12023, the Group's revenue climbed by 36.2% year-on-year to HK$380.0 million, and operating profit before impairment losses and impairment allowances surged by 39.4% to HK$177.0 million.
- In Q12023, the Group's revenue climbed by 36.2% year-on-year to HK$380.0 million, and operating profit before impairment losses and impairment allowances surged by 39.4% to HK$177.0 million.
- Meanwhile, profit after tax was up 17.3% to HK$97.0 million, with earnings per share increasing to 23.16 HK cents (Q12022: 19.74 HK cents).
- In addition, data analytics tools are ready to further help improve the effectiveness of the Group's marketing, credit assessment and credit management activities.
- Mr. Tomoharu Fukayama, Managing Director of AEON Credit, said, "The strong first quarter performance demonstrates our capabilities in capturing opportunities from the recovering market.