Brief: Great Eastern Holdings Posts Q2 Profit Attributable S$297.5 Million

Great Eastern Holdings

27/07/2020 23:00

July 28 (Reuters) - Great Eastern Holdings Ltd  GELA.SI :
    * GREAT EASTERN HOLDINGS LTD -  EXPECT CONTINUED VOLATILITY
IN
FINANCIAL MARKETS
    * GREAT EASTERN HOLDINGS  - Q2 PROFIT ATTRIBUTABLE S$297.5
MILLION
VERSUS S$169.0 MILLION
    * GREAT EASTERN-  Q2 TOTAL WEIGHTED NEW SALES S$286.1
MILLION
VERSUS S$296.8 MILLION
    * GREAT EASTERN SEES CAPITAL ADEQUACY RATIOS OF INSURANCE
UNITS IN
SINGAPORE, MALAYSIA & INDONESIA TO REMAIN ABOVE RESPECTIVE
MINIMUM REGULATORY LEVELS
    * GREAT EASTERN- SEES FURTHER IMPACT ON RESULTS FOR
REMAINING 2020
AS SINGAPORE INSURANCE UNITS CONTINUE TO TAKE ASSET-LIABILITY
MANAGEMENT ACTIONS
    * GREAT EASTERN- INTERIM ONE-TIER TAX EXEMPT DIVIDEND OF 10
CENTS
PER ORDINARY SHARE

Source text for Eikon:  ID:nSNZ5DdNDf 
Further company coverage:  GELA.SI 

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