Tag: #Credit

Selecting the best credit card from a plethora of options can be tedious. While one may offer benefits like redeemable points, the other may provide attractive cashback options. With so many choices available, choosing one that would help you earn the best rewards as you spend can get confusing. However, this limitation can be easily tackled by simply narrowing down the choices based on a few factors discussed below: What to Look for in a Credit Card? Identify the Reason Before you apply for a credit card, it is necessary to identify the reason for applying for one. For instance, if ... Read more

AEON Credit Service (Asia) Company Limited (“AEON Credit” or the “Group”; Stock Code: 00900) today announced its results for the three months ended 31 May 2023 (“Q12023” or the “Reporting Period”). In Q12023, the Group’s revenue climbed by 36.2% year-on-year to HK$380.0 million, and operating profit before impairment losses and impairment allowances surged by 39.4% to HK$177.0 million. Meanwhile, profit after tax was up 17.3% to HK$97.0 million, with earnings per share increasing to 23.16 HK cents (Q12022: 19.74 HK cents). During the Reporting Period, the Group continued to use targeted marketing and successful marketing promotions to boost sales and ... Read more

KLM has opened a new revolving credit facility (RCF) with a syndicate of 14 international banks. This relates to an amount of 1 billion for a term of four years, with an option to extend for a further two years. KLM is therefore closing the direct loan and credit facility guaranteed by the Dutch government as of the same date. Amstelveen – WEBWIRE – Friday, April 21, 2023 Its encouraging news that we can stand on our own feet again after such a difficult period. The coronavirus crisis had an unprecedented impact on the airline industry. The Dutch government provided ... Read more

AEON Credit Service (Asia) Company Limited (“AEON Credit” or the “Group”; Stock Code: 00900) today announced its results for the year ended 28th February 2023 (“FY2022” or the “Reporting Year”). In FY2022, the Group’s revenue increased by 17.3% year-on-year to HK$1,231.6 million, and operating profit rose by 25.8% to HK$556.7 million. Meanwhile, profit after tax recorded a 9.1% increase to HK$373.6 million during the Reporting Year, with earnings per share rising to 89.22 HK cents (FY2021: 81.81 HK cents). The Board has recommended a final dividend of 22.0 HK cents per share, bringing the total dividend for the Reporting Year ... Read more

AEON Credit Service (Asia) Company Limited (“AEON Credit” or the “Group”; Stock Code: 00900) today announced its results for the nine months ended 30 November 2022 (the “reporting period” or “nine months of FY2022/23”) During the reporting period, the Group’s revenue rose by 15.2% to HK$887.4 million and operating profit recorded a 17.0% increase to HK$380.7 million. Meanwhile, profit after tax was up by 2.9% to HK$250.3 million, with earnings per share increasing to 59.77 HK cents for the reporting period (nine months of FY2021/22: 58.09 HK cents). Both overseas and local consumer spending showed a progressive recovery in the ... Read more