Floating Button
Home Capital Results

Great Eastern Holdings' 3Q earnings rise 40% to $287.9 mil on higher valuation of investments and improved market conditions

Felicia Tan
Felicia Tan • 3 min read
Great Eastern Holdings' 3Q earnings rise 40% to $287.9 mil on higher valuation of investments and improved market conditions
Shares in OCBC closed flat at $8.57 on Nov 3.
Font Resizer
Share to Whatsapp
Share to Facebook
Share to LinkedIn
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

Great Eastern Holdings, a member of the OCBC Group, saw profit attributable to shareholders (or earnings) for 3QFY2020 ended September rise 40% to $287.9 million from the $205.1 million reported a year ago.

For the 9MFY2020, profit attributable to shareholders fell 14% to $619.3 million from the $716.8 million in 9MFY2019 due to the earnings plunge in 1QFY2020 amid unfavourable market conditions.

Total weighted new sales (TNWS) for 3QFY2020 increased 36% y-o-y to $432.8 million due to the pick-up of activity across all markets.

×
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
© 2026 The Edge Publishing Pte Ltd. All rights reserved.