Earnings Alerts

1Q Earnings Update: Aeon Co Ltd (8267) Reports Significant Growth in Net Income

• Aeon Co M’s net income for 1st quarter increased to 57.39 billion ringgit, a massive increase from 38.2 million ringgit year over year.

• The company’s revenue has also grown significantly to 1.17 trillion ringgit, compared to 1.11 billion ringgit from the previous year.

• A sharp rise is observed in the Earnings Per Share(EPS), now standing at 4.10 sen, higher than the 2.720 sen from last year.

• Analysts present mixed opinions on Aeon Co M’s performance with 3 recommending to buy, 5 holding back and 1 advising to sell.

• The comparisons to past results are based on values reported by from company’s original disclosures. Therefore, all values provided are trustworthy and reliable.


Aeon Co Ltd on Smartkarma

Analyst coverage of Aeon Co Ltd on Smartkarma reveals interesting insights. Michael Causton‘s report titled “Aeon: Logistics Issues Drive Efficiency” highlights how driver overtime restrictions in April are triggering logistics changes affecting supply chains. This could potentially impact smaller supermarket chains as retailers adjust their practices, leading to potential mergers. Aeon’s unique position in running its own logistics platforms will also influence how stores are merchandised, possibly creating competitive pressure on smaller supermarket chains.

In another report by Michael Causton, “Aeon and Seven & I to Create Ecosystems Via Financial Services,” it is suggested that Aeon and Seven & I are adapting to the cashless era by focusing on data-driven ecosystems for targeted marketing. Both companies aim to revamp their financial services arms, which have seen declining profitability. With the shift towards cashless payments, the traditional business models reliant on cash dispensing fees are becoming outdated. Through creating ecosystems, these retailers aim to gather more data to enhance targeted marketing for their e-commerce and retail stores.


A look at Aeon Co Ltd Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience2
Momentum2
OVERALL SMART SCORE2.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on Smartkarma Smart Scores, Aeon Co Ltd has a positive long-term outlook, with a strong focus on growth. The company has received a score of 4 for Growth, indicating a promising future in terms of expanding its operations and increasing its market presence. Aeon Co Ltd‘s commitment to developing its business and exploring new opportunities bodes well for its potential for long-term success.

Although Aeon Co Ltd is rated relatively lower in other areas such as Value, Dividend, Resilience, and Momentum, its emphasis on growth suggests a strategic vision for the future. With a diverse range of businesses including general merchandise stores, supermarkets, convenience stores, and clothing stores, Aeon Co Ltd appears poised to capitalize on evolving consumer preferences and market trends, positioning itself for sustained growth in the long run.

### AEON CO., LTD. operates general merchandise stores, supermarkets, and convenience stores throughout Japan. The Company is also engaged in women’s and casual clothing store business, development business of commercial property, and financing service through the subsidiaries. ###


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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