Japanese supermarket operator Aeon has reported a 7.9% rise in full-year group net profit, boosted by its credit card and real estate businesses.
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The company posted net profit of ¥55.32bn (US$523.5m) for the year to 20 February, compared to ¥51.26bn in the previous year, reported Dow Jones News.
Aeon said group revenue increased 15% to ¥3.55trn. The company had forecast net profit of ¥47bn, and revenue of ¥3.3trn.
The retailer said its supermarket operations were hit by unseasonably cold weather in Japan last summer, with same-store sales falling 2.9%.
For the current fiscal year, Aeon has forecast a 19.3% rise in net profit to ¥66bn and a 15.6% rise in revenue to ¥4.1trn.
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