PETALING JAYA: Aeon Credit Service (M) Bhd
financial year 2027 (FY27) key performance indicators (KPI) appear modest, reflecting uncertainties stemming from current geopolitical tensions.
The KPI for FY27 includes loan growth of 8%, return on equity (ROE) of about 12% (FY26: 13.1%) and dividend payout of more than 30%.
AEON Credit’s fourth quarter of FY26 (4Q26) profit after tax and minority interest (Patmi) of RM144mil had beaten expectations due to lower-than-expected credit costs following a one-time adjustment. This brought FY26 Patmi to RM386mil.
RHB Research expects investors to keep a close watch on asset quality amid current uncertainties, but believes much of these concerns have already been priced in at 0.83 times FY27 price-to-book value.
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