Great Eastern's Q4 profit up 5%
Full-year profit falls 11% amid less favourable financial markets; proposed total payout of 45 cents for the quarter
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
GREAT Eastern Holdings' net profit for the fourth quarter ended Dec 31, 2015, increased 5 per cent to S$218.8 million, or 46 Singapore cents per share, as profits from the insurance business offset a loss from share-holders' fund's investments.
The insurer on Tuesday morning said it has recommended a final dividend of 40 Singapore cents per share plus a special dividend of five Singapore cents per share.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Why where you park your joint venture matters: Lessons from a US$689 million shareholder dispute
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Singaporeans can now buy record amount of yen per Singdollar