KUALA LUMPUR (April 7): AEON Credit Service (M) Bhd (KL:AEONCR) said its net profit rose 10.2% in the fourth quarter on stronger loan and financing growth, coupled with lower impairment losses on financing receivables.

Net profit for the three months ended Feb 28, 2026 (4QFY2026), increased to RM144.3 million — its highest quarterly profit since 1QFY2023 — from RM130.97 million a year earlier while revenue rose 9.8% to RM631.46 million from RM575.04 million, according to a bourse filing on Tuesday.

The group declared a final dividend of 15.75 sen per share and a special dividend of two sen per share, both payable on July 23, bringing total FY2026 dividends to 30.75 sen per share compared with 28.75 sen in FY2025.

For the full year, AEON Credit's net profit grew 4.1% to RM385.88 million from RM370.61 million in FY2025, as revenue increased 12.3% to RM2.47 billion from RM2.20 billion.

Looking ahead, AEON Credit said it remains cautious amid geopolitical tensions in the Middle East, inflationary pressures from higher oil prices and volatility in global financial markets.

It added that it will continue focusing on growing quality financing assets, strengthening credit risk monitoring and enhancing IT capabilities to improve efficiency and cost discipline.

AEON Credit also said it plans to leverage the AEON group ecosystem in Malaysia to expand its customer reach and expects to sustain its business momentum for FY2027.

Shares of AEON Credit slipped one sen or 0.19% at RM5.36 on Tuesday, giving it a market capitalisation of RM2.74 billion. Year to date, the counter has fallen over 6%.