Great Eastern Holdings has reported 2QFY2021 ended June earnings of $232.3 million, a decline of 22% y-o-y.

In its results announcement on August 2, Great Eastern attributes the lower 2QFY2021 performance to financial market conditions that were “not as favourable” for the quarter and resulted in lower mark-to-market gains. 

This brings 1HFY2021 earnings to $669.9 million, up 102% y-o-y from $331.4 million previously.

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