Wednesday, October 5, 2016

Results Note � AEON Credit (BUY, maintain)


Top Calls

Results Note AEON Credit (BUY, maintain)

- Maintaining a robust performance

AEONCS
1HFY17 PAT of RM118m (+10.5% yoy) was in-line with ours and consensus expectations. Despite the challenging outlook, AEONCS continues to see robust receivables growth while maintaining a steady NPL ratio. A 1st interim DPS of 30.5 sen was proposed. Maintain BUY, PT unchanged at RM16.60.



For important disclosures, please refer to the Disclosure section at the end of the individual linked research reports.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.

Related Posts with Thumbnails