AEON Co. Reports Revenue Growth but Faces Profitability Challenges

Tip Ranks
2025.01.10 08:22
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AEON Co., Ltd. reported a 6.3% increase in operating revenue to 7,470,575 million yen for the nine months ending November 30, 2024. Despite this growth, the company experienced declines in operating profit, ordinary profit, and a net loss attributable to owners, highlighting profitability challenges. Total equity and net assets have also decreased. AEON maintains its dividend forecast at 40 yen per share for the fiscal year ending February 2025. The company is listed on the Tokyo Stock Exchange’s Prime Market and has a current market cap of $19.27B.

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AEON Co ( (JP:8267) ) just unveiled an update.

AEON Co., Ltd. reported its financial results for the nine months ending November 30, 2024, showing an increase in operating revenue by 6.3% year-on-year to 7,470,575 million yen. However, the company faced declines in operating profit, ordinary profit, and a net loss attributable to owners of the parent, indicating challenges in profitability despite revenue growth. The financial position of the company has weakened slightly, with a decrease in total equity and net assets compared to the previous period. AEON also announced its dividend forecast for the fiscal year ending February 2025, maintaining an annual total of 40 yen per share.

More about AEON Co

AEON Co., Ltd. operates in the retail industry and is listed on the Tokyo Stock Exchange’s Prime Market. The company is a major player in Japan’s retail sector, offering a wide range of products and services through its diverse portfolio, which includes supermarkets, shopping centers, and specialty stores.

YTD Price Performance: -4.45%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $19.27B

See more data about 8267 stock on TipRanks’ Stock Analysis page.

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