Aeon share price jumps 6.52% on higher Q1 earnings
25 May 2018 / 12:53 H.
PETALING JAYA: Aeon Co (M) Bhd rose as much as 6.52% in early trade to RM2.45 after reporting a 6.63% jump in net profit for the first quarter ended March 31, 2018.
At 11.23am, the stock was trading at RM2.42 with 941,700 shares done.
Aeon’s net profit for the first quarter stood at RM27.94 million compared with RM26.20 million recorded a year ago.
Revenue for the period grew to RM1.11 billion from RM1.07 billion on the back of higher revenue from its retail and property management service businesses.