Wednesday 26 October 2016

Stock Market News : Great Eastern's 3Q earnings rise to $195 mil on disposal gain .

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Great Eastern Holdings' 3Q16 profit about tripled to $195 million from $68.4 million a year prior, supported by a $119.9 million pick up on transfer of its interest in New China Life Insurance Company. 

Working benefit for 3Q16 rose 6% to $136.7 million contrasted with $129.5 million a year prior with commitment from both its Singapore and Malaysia business. Working benefit for 9M16 was 5% bring down at $391.7 million as an aftereffect of lower commitment from its Singapore business in the main portion of the year.

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