AEON Credit Service interest income up 3.1%, other operation income down 5.2%

AEON Credit Service (0900) said the annual interest income of the company ended to February 20 reached HK$770 mln, up 3.1% compared with the same period of the previous year. The other operation income was HK$76.712 mln, down 5.2%. The operation income mentioned above included the US$4.518 mln bad loans recovery (the relevant amount of the previous year was HK$2.263 mln). The company also pointed out that the profit rising resulted from the increase of net interest income and decrease of bad loans expenditure. Till February 20, the number of credit card holders of the company has increased from 108,000 to 723, 000 . 

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