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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

Published Tue, Feb 16, 2016 · 09:50 PM
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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 spec…

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