At Aeon, high hopes for Asean | Bangkok Post: business

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At Aeon, high hopes for Asean

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Aeon Thana Sinsap (Thailand) Plc (AEONTS) expects the net profit contribution of its four Asean subsidiaries to double in the next 3-5 years from the current 5% as the business diversifies. 

The two regional networks in Cambodia and Vietnam, with Aeon owning 100% and 20%, respectively, began showing a net profit last December after more than two years in operation.

Managing director Yasuhiko Kondo said the two affiliates contributed 5% of the company's net profit in fiscal 2013 ended Feb 28.

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