Big East's net profit increased by 21% in the second half of last year, announcing a dividend of 45 cents

Great Eastern Holdings, which was suspended, announced before the opening of the market on Tuesday (February 25), its net profit increased by 21% to RMB 408.2 million in the second half of last year, with an earnings of 0.86 points per share. The board of directors recommended distribution of 45 per share. Final dividend.

Looking at the whole year, Big Oriental's revenue increased by 10% to about 6.9 billion yuan, net profit increased by 28% to 995.3 million yuan, and earnings per share of 2.10 points, a significant increase from last year's 1.64 points.

The Group's Total Weighted New Sales fell by 16%, reflecting a decline in single-term premium sales in the Singapore market. In terms of the whole year, the weighted total premium increased by 8%.

New Business Embedded Value used to measure the long-term profitability of new businesses decreased by 53% in the fourth quarter, mainly because the group wrote down 91.7 million yuan in the new business to reflect the revised actuarial calculations. Assumptions. The inclusion value of new businesses throughout the year decreased by 9% to RMB 621.5 million throughout the year.

Further reading

Dadongfang Holdings' deadline to resume public holding ratio is approved to extend to May 25

Dadongfang's net profit increased by 52% in the third quarter