News Asia21 Feb 2019

Great Eastern reports 4% increase in operating profit for FY2018

| 21 Feb 2019

Great Eastern Holdings announced their financial results for FY2018 yesterday morning. Its operating profit from insurance business continued on its good growth momentum, achieving 5% growth for Q4 2018 and 4% for the full year. This was driven by both the Singapore and Malaysian insurance operations, the company said. Net operating profit for the full year of 2018 stood at S$625.3m ($463m).

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