The increase in profit attributable to shareholders in FY2024 ended Dec 31, 2024 was driven mainly by improved expense variances from effective cost management initiatives and improved claims experience from individual life business, as well as favourable investment performance from the shareholders’ fund.
Great Eastern Holdings' (GEH) full-year FY2024 profit attributable to shareholders rose 28% y-o-y to $995.3 million.
However, 4QFY2024's profit attributable to shareholders fell by 14% to $134.8 million.
