Aeon’s operations in Malaysia experienced a boost in profits this year, driven by increased consumer spending – particularly in the food sector – as consumers prioritise essential purchases.

In the third quarter ending September 30, the company posted a 36.2 per cent increase in net profit, reaching US$4.06 million (RM18.79 million) compared to $3.12 million (RM13.88 million) the year prior.

Meanwhile, its revenue for the quarter rose to $221.5 million (RM1 billion), up from $208.4 million (RM955.9 million) last year.

For the nine months ending September, Aeon’s net profit surged by 26.5 per cent to $RM104 million (RM104 million).

Total sales increased by 3.1 per cent, reaching $685.7 million (RM3.19 billion) compared to $688 million (RM3.10 billion) versus last year.

Looking ahead, the company said it aims to focus on retail and property management. These include accelerating digital initiatives, enhancing its private brand offerings, and strengthening its Aeon Living Zones to adapt to changing customer preferences.