Great Eastern's (SGX:G07) attributable profit to shareholders jumped 13% during the first quarter of the year to SG$345.5 million from SG$306.7 million a year earlier, according to a filing with the Singapore Exchange on Thursday.
Total weighted new sales declined by 34% year on year to SG$345.1 million from SG$524.2 million, mainly due to lower single premium sales.
Meanwhile, the group's new business embedded value jumped 19% on year to SG$148.8 million from SG$125.5 million.
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