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Great Eastern reports 4% dip in 3Q earnings to $205.1 mil

Stanislaus Jude Chan
Stanislaus Jude Chan10/25/2019 02:53 PM GMT+08  • 2 min read
Great Eastern reports 4% dip in 3Q earnings to $205.1 mil
SINGAPORE (Oct 25): Great Eastern Holdings saw its earnings dip 4% to $205.1 million for the 3Q19 ended September, from $213.3 million a year ago.
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SINGAPORE (Oct 25): Great Eastern Holdings saw its earnings dip 4% to $205.1 million for the 3Q19 ended September, from $213.3 million a year ago.

Gross premiums fell 13% to $3.07 billion the quarter, compared to $3.54 billion in 3Q18.

The group attributes the decline to its product management strategy to optimise its product mix.

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