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08 May 2025
Great Eastern reports 1QFY2025 earnings of $345.5 mil; business climate expected to be ‘challenging’, says CEO
Summary: Great Eastern Holdings reported a 13% increase in earnings to $345.5 million for the first quarter of FY2025, driven by a 4% rise in insurance business profit and a 40% surge in shareholders’ fund profit. However, the group CEO warned of a challenging business climate due to global volatility and geopolitical tensions.