In the 3QFY2024, total weighted new sales fell by 7% y-o-y to $390.8 million while total weighted new sales rose by 19% y-o-y to $1.36 billion in the 9MFY2024 from sustained sales momentum in Singapore and Malaysia.
Great Eastern Holdings has reported earnings of $273.4 million for the 3QFY2024 ended Sept 30, 52% higher y-o-y. This brings its total earnings for the 9MFY2024 to $860.5 million, 39% higher y-o-y.
According to Great Eastern, the higher earnings for the nine-month period is due to higher profit from the group’s insurance business and favourable investment performances from the group’s shareholders’ funds.
