Friday, May 03, 2019

Great Eastern Higher Valuation of Investments

The Group’s Profit Attributable to Shareholders increased by 124%, which was due to higher Non-Operating Profit and Profit from Shareholders’ Fund. The higher profit was due to higher valuation of the investments as a result of favourable financial market conditions. Operating Profit from Insurance Business for the quarter was $150.0 million, 8% lower than the same quarter last year.

Going sideways on the chart.





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