Great Eastern Reports 21% Jump in Profit in H2 2024

MT Newswires

02/25

Great Eastern's (SGX:G07) attributable profit to shareholders surged 21% in the second half of 2024 to SG$408.2 million from SG$337.4 million a year earlier, according to a filing with the Singapore Exchange on Tuesday.

Earnings per share rose to SG$0.86 compared with SG$0.71 in the comparable period.

Net investment income, however, declined 4% year over year to SG$2.99 billion from SG$3.10 billion.

The board declared a final dividend of SG$0.0045 per share, taking the total dividend to SG$0.009 per share for the year ended Dec. 31, 2024.

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