KUALA LUMPUR: Aeon Co (M) Bhd has more than doubles its profit after tax (PAT) to RM85.3mil for the financial year ended Dec 31, 2021 (FY21) from RM41.4mil in the preceding year, driven by better margins from improved purchasing strategies and enhanced negotiations coupled with a disciplined cost management.
The fourth quarter of 2021 (Q4’21) recorded a 161.4% jump in net profit to RM71mil compared with the same quarter in FY20.
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