Wolf Money(Great Eastern Holdings Q1 2024 result)

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https://links.sgx.com/FileOpen/20240429_GEH_1Q24%20Financial%20Summary.ashx?App=Announcement&FileID=800968

News just out this morning. Great Eastern Holdings reported a 26% increase in Q1 profit due to a more favourable market condition. The 34% increase in new sales also drove up the profit. Base on current run rate, achieving 1b net profit for FY2024 is a possibility. Overall a Great result. More detail at the end of month portfolio update. God bless.

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All investments is highly speculative in nature and involves substantial risk of loss. We encourage our reader to invest very carefully. We also encourage reader to get personal advice from your professional investment advisor and to make independent investigations before acting on information that we publish. Much of our information is derived directly from information published by companies or submitted to governmental agencies on which we believe are reliable but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way whatsoever warrant or guarantee the success of any action you take in reliance on our statements. All information provided are for education only. Buyer beware,do you own due diligence.


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