Aeon Co, the Japanese firm developing the soon-to-be-opened Aeon Mall
on Phnom Penh’s Sothearos Boulevard, has reported a record $62.3 billion in
revenue for its financial year ending February 28.
The company, which has more than 260 subsidiaries, including the
shopping centre development arm Aeon Mall Co, announced its annual financial
results to the Tokyo Stock Exchange last Friday citing an ongoing effort to
penetrate ASEAN markets. Aeon’s shopping centre development business, which now
oversees operations at 138 separate malls through Japan, China and Vietnam, saw
an 8.1% year-on-year increase in operating revenue to $2.1 billion. Meanwhile,
in Cambodia, Japanese technology giant Sharp secured a deal with Aeon Mall
Phnom Penh to provide a solar power generation system.
Aeon Mall officials cemented the new Sothearos Blvd shopping centre’s
opening date of June 30 earlier this week. The Aeon Mall and Sharp deal, of
which the value remains unknown, is not the only Japanese firm to benefit from
the new development. Some 49 new Japanese tenants are to open up at Aeon Mall
when its doors open in June.
Source:
http://www.phnompenhpost.com/business/aeon-reports-record-revenue-amid-asean-expansion
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