Aeon Credit pretax profit rises RM43.7m (5139)

KUALA LUMPUR: AEON Credit Service (M) Bhd's pre-tax profit for the
three-month period ended Aug 20, 2012, rose to RM43.7 million compared
with RM31.5 million posted in the same period last year.

In
a filing to Bursa Malaysia, the company said its revenue increased to
RM112.49 million, during the period under review, from RM83.035 million
chalked up previously.

It said the growth in business and
receivables was based on marketing and promotion strategies implemented
in a period of continued favourable economic environment.

Meanwhile,
Managing Director Yasuhiro Kasai said in a seperate statement that the
company, going forward, would focus on new business growth areas.

Besides
sustaining growth in existing core products, the company has identified
car financing and equipment or other asset financing for
small-and-medium sized businesses.

BERNAMA