Retail business revenue fell by 5.9% to RM836.23mil from RM888.58mil due to shifts in consumer sentiments and cautionary consumer spending.
KUALA LUMPUR: Aeon Co
(M) Bhd net profit rose by 123% to RM16.35mil in the third quarter ended Sept 30, from RM7.32mil a year ago due to improvement in merchandise gross margin.
In a statement, it said its earnings were also boosted by a change in marketing mechanics as well as agility to adapt to the current cost structure.
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