Find Out How Great Eastern's Sales Are Down, But Long-Term Profit Is Up In Q3FY2025
Great Eastern Holdings delivered solid performance and growth despite facing a challenging business environment characterised by market volatility and shifting interest rate conditions. Although total weighted new sales declined, a successful shift in the product mix led to an improvement in overall margins and a subsequent increase in the long-term profitability measure for new business. This increase in overall profit was largely driven by robust investment results from the shareholders’ fund. • Sales volumes softened, yet the Group achieved stronger long-term new business profitability by…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.