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Markets' rally lifts Great Eastern's Q2 bottom line

Earnings more than double, helped by rise in non-operating profit

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Published Tue, Jul 25, 2017 · 09:50 PM

    Singapore

    THE rally in financial markets has lifted Great Eastern Holdings' non-operating profit in the second quarter of 2017 and, in turn, helped more than double the insurer's net profit to S$279.5 million from S$102.2 million a year ago.

    This represents earnings per share of S$0.59 for the three months ended June 30, up from S$0.22 for the corresponding in 2016.

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