Aeon (M) Bhd Full Year 2024 Earnings: EPS Misses Expectations

Aeon (M) Bhd (KLSE:AEON) Full Year 2024 Results

Key Financial Results

• Revenue: RM4.26b (up 3.2% from FY 2023).
• Net income: RM128.0m (up 12% from FY 2023).
• Profit margin: 3.0% (up from 2.8% in FY 2023). The increase in margin was driven by higher revenue.
• EPS: RM0.091 (up from RM0.082 in FY 2023).

Our free stock report includes 1 warning sign investors should be aware of before investing in Aeon (M) Bhd. Read for free now.

All figures shown in the chart above are for the trailing 12 month (TTM) period

Aeon (M) Bhd EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 15%.

The primary driver behind last 12 months revenue was the Retailing segment contributing a total revenue of RM3.52b (83% of total revenue). Notably, cost of sales worth RM2.43b amounted to 57% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to RM1.13b (67% of total expenses). Explore how AEON's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Consumer Retailing industry in Malaysia.

Performance of the Malaysian Consumer Retailing industry.

The company's shares are up 2.8% from a week ago.

Risk Analysis

It is worth noting though that we have found 1 warning sign for Aeon (M) Bhd that you need to take into consideration.

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This article by Simply Wall St is general in nature. We provide commentary 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. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.