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Great Eastern's Q1 Profit Steady as Sales Surge 16%

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-- Great Eastern's (SGX:G07) profit attributable to shareholders remained relatively unchanged during the first quarter of the year from a year earlier, according to a Wednesday filing with the Singapore Exchange.

The attributable profit came in at SG$346.3 million, versus SG$345.5 million in the year-ago period.

Total weighted new sales surged 16% year over year to SG$401.9 million in the three months ended March 31, from SG$345.1 million, backed by sustained momentum from Singapore operations.

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