0900.HK

AEON Credit Proposes Final Dividend of 18 HK Cents for FY2020 amid Solid Fundamentals

Thursday, April 8, 2021 - 5:46am

Facing an exceptionally uncertain market environment during FY2020, the Group's revenue was HK$1,089.9 million, with profit after tax amounting to HK$301.6 million.

Key Points: 
  • Facing an exceptionally uncertain market environment during FY2020, the Group's revenue was HK$1,089.9 million, with profit after tax amounting to HK$301.6 million.
  • The Group's capital base remained strong with total equity up 3.3% to HK$3,422.0 million as at 28 February 2021.
  • In view of the sound fundamentals of the Group, the Board has recommended a final dividend of 18.0 HK cents per share, bringing the total dividend for the year to 40.0 HK cents per share, representing a dividend payout ratio of 55.5%, up from 49.8% last year despite adversity.
  • Furthermore, the Group will enhance its data analysis methodologies to raise its marketing, credit assessment and credit management effectiveness.