Saturday 18 May 2024
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SINGAPORE (Nov 4): Great Eastern Holdings, a member of OCBC Group, saw profit attributable to shareholders (or earnings) for the third quarter ended Sept 30, 2020 (3QFY20) rise 40% to S$287.9 million from the S$205.1 million reported a year ago.

For the cumulative first nine months ended Sept 30, 2020 (9MFY20), profit attributable to shareholders fell 14% to S$619.3 million, from the S$716.8 million reported for 9MFY19, due to an earnings plunge in 1QFY20 amid unfavourable market conditions.

Total weighted new sales (TNWS) in 3QFY20 increased 36% year-on-year (y-o-y) to S$432.8 million due to a pickup in activity across all markets ... (click on link for full story on theedgesingapore.com).

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