Aeon Credit Service (asia) Co., Ltd. · HKEX:900
Aeon Credit Service (asia) — Shareholder Meeting (June 2024)
11 slides from Aeon Credit Service (asia)'s shareholder meeting presentation, Jun 26, 2024
Slide 1: AEON Credit Service (Asia) 2024 Annual General Meeting
AEON Credit Service (Asia) Co., Ltd. Stock Code : 0900 2024 Annual General Meeting 26 June 2024
Slide 2: Disclaimer Glossary
Disclaimer Glossary • This document has been prepared by AEON 1H FY20/21 First half of FY2020/21 Credit Service (Asia) Co., Ltd. (“AEON Credit” 2H FY20/21 Second half of FY2020/21 or the “Company”) solely for use at the 1H FY21/22 First half of FY2021/22 presentation to analysts and fund managers. 2
Slide 3: Performance Highlights: Sustainable Growth Momentum
Performance Highlights Sales Trend 2.9% 24.7% Unit: HK$ Billion HoH HoH 6.6 6.4 6.8 Sustainable 4.7 5.2 3.9 4.2 3.4 1H FY20/21 2H FY20/21 1H FY21/22 2H FY21/22 1H FY22/23 2H FY22/23 1H FY23/24 2H FY23/24 Growth Momentum Sales Sales for FY23/24 Gross Advances & Receivables, Revenue, Profit After tax
Slide 4: Dividend
Dividend Unit: HK Cents 51.2% Payout ratio for FY23/24 55.5% 53.8% 51.2% 49.3% Core Payout Dividend Policy : Annual dividend payout ratio of not less than 30% of Ratio the net profit attributable to shareholders of the Company for the financial year 24 18 22 22 Dividend Total for FY23/24 22 22 22 24
Slide 5: Highlights of Consolidated Statement of Profit or Loss
Highlights of Consolidated Statement of Profit or Loss Profit Analysis Waterfall Chart Unit: HK$ Million 3 0 0 Financial Highlights 28 75 147 0 Net interest income, vs FY22/23 +HK$271m Handling and late charges, vs FY22/23 +HK$59m 177 191 Earnings per share 94 HK cents FY22/23 Net interest Fees and
Slide 6: Segment Information
Segment Information Credit Personal Items Insurance Consolidated Hong Kong PRC Consolidated cards loans FY23/24 Revenue 1,284M 313M 26M HK$ 1,623M 1,596M 27M HK$ 1,623M Segment results 421M 41M 12M HK$ 474M 469M 5M HK$ 474M Unallocated income / (HK$ 1M) (HK$ 1M) (expense) Profit before tax HK$ 473M
Slide 7: Operational Review
Operational Review ▪ Successfully launched new card and loan system and revamped AEON mobile app Digital Transformation ▪ Rolled out the Data Lake to achieve better data analysis results for marketing activities ▪ Added “QR Pay” and “QR Cash” functions to the Contactless Payment Function AEON UnionP
Slide 8: Growth Strategies
Growth Strategies 1 Development of New Contactless Mobile Payment Solutions 2 Diversification of Personal Loan Products 3 Intensification of Sales Channel Development in Peripheral Business 4 Acceleration of Back-office Digitalization 5 Strengthening Foundation for Business Growth in Greater Bay Are
Slide 9: Latest Operational Update
Latest Operational Update Virtual Card Function New Shatin Branch ▪ Ready to launch the Virtual Card Function in ▪ Opened new Shatin Branch in June to expand "AEON HK" Mobile App to allow instant purchase branch network to eastern New Territories experience right after card application ▪ New Branch
Slide 10: Sustainability Activity Highlights in FY 23/24
Sustainability Activity Highlights in FY 23/24 March April May July ❖ HKU AEON Scholarship Ceremony ❖ Launch of eco-friendly uniform ❖ Friends of the Earth Tree Planting ❖ UNICEF Young Envoys Field Trip to Challenge South Korea ❖ Sponsorship of “Hong Kong Money Month 2023” ❖ UNICEF SDG Actioner Chal
Slide 11: Thank You!
Thank You!
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