Momentum Metropolitan Holdings

Operational Update – Normalised headline earnings increased 29% to R3.351 billion for the nine months ending March 2023. Normalised HEPS rose from 169.6 cents to 224.4 cents. Improved mortality experience in the life businesses contributed to earnings growth, with a less severe impact from Covid-19 in the current period (net of release of Covid-19 reserves). The value of new business decreased by 8%.
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