KUALA LUMPUR: AEON CREDIT SERVICE (M) BHD []'s net profit for its second quarter (2Q) ended Aug 20, 2010 increased 8.7% to RM14.78 million from RM13.49 million'' a year earlier.
Revenue for 2Q rose 2.8% to RM53.77 million from RM52.31 million a year earlier.
For the cumulative six months, net profit rose 8.9% to RM28 million while revenue was up 2.8% to RM106.8 million.
Earnings per share rose to 12.32 sen from 11.24 sen year-on-year, while net assets per share were RM2.14.
In an announcement to Bursa Malaysia, AEON Credit said revenue growth was 'mainly due to growth in trade receivables over the past year based on increased financing transaction volume'.
The company declared an interim dividend of 11.5 sen per share less 25% income tax for the financial year ending Feb 20, 2011, which goes ex on Oct 1.
AEON Credit ended seven sen lower at RM3.82 on volume of 99,600 shares on Sept 21.
Revenue for 2Q rose 2.8% to RM53.77 million from RM52.31 million a year earlier.
For the cumulative six months, net profit rose 8.9% to RM28 million while revenue was up 2.8% to RM106.8 million.
Earnings per share rose to 12.32 sen from 11.24 sen year-on-year, while net assets per share were RM2.14.
In an announcement to Bursa Malaysia, AEON Credit said revenue growth was 'mainly due to growth in trade receivables over the past year based on increased financing transaction volume'.
The company declared an interim dividend of 11.5 sen per share less 25% income tax for the financial year ending Feb 20, 2011, which goes ex on Oct 1.
AEON Credit ended seven sen lower at RM3.82 on volume of 99,600 shares on Sept 21.
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