Performance | AEON's loss narrowed to 320 million last year

AEON Stores (00984), which operates AEON department stores, announced a loss of HK$324 million for the year ended December last year, with a loss per share of 12.475 cents, and will not declare a final dividend; the loss for the same period in 2024 was HK$338 million.

During the period, revenue was HK$7.795 billion, a year-on-year decrease of 3.71%.

Looking ahead to 2026, the Hong Kong economy is expected to continue the recovery trend of 2025. Benefiting from the recovery of the mainland economy, the strengthening of the renminbi, and consumer stimulus measures, the retail industry is likely to regain momentum. The group will promote sales and profit performance through a series of operational reforms and strategic deployments, while strengthening cost management and system innovation to achieve overall operational goals.

In Hong Kong, the group will continue to accelerate the expansion of small specialty stores, aiming to open 10 new AEON Mono Mono “ものもの” stores by 2026, and enhance its profit base through an improved product mix, supply chain, and promotional activities. Additionally, the group will continuously review its store portfolio, make flexible arrangements accordingly, and actively assess store performance, streamlining the retail network when necessary to improve operational efficiency.

On the mainland, in terms of format layout and product structure, the group will continue to expand supermarkets with the goal of increasing market share, relying on existing TOPVALU products as the foundation of its sales, establishing a low-cost operating model, while simultaneously developing new products to establish a competitive advantage in price and quality. The group plans to open three supermarkets in the coming year.