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Why invest in First Mutual Holdings limited?
A Trusted Partner for Growth and Resilience
First Mutual Holdings Limited combines decades of expertise with a forward-looking strategy, making it a trusted partner for investors. With a proven track record of navigating economic complexities, FMHL delivers consistent performance while remaining committed to innovation and sustainability. The Group’s diversified portfolio, regional footprint, and emphasis on customer-centric solutions position it as a leader in fostering financial security and wealth creation. Investing in FMHL means aligning with a company that is resilient, adaptive, and focused on creating long-term value for all stakeholders.
Unaudited Half Year Results 2024
Douglas Hoto, Group Chief Executive Officer
The solid financial position of the Group, coupled with diversified revenue streams as well as the growing contribution of regional businesses, is expected to contribute towards sustainable growth and value creation for our stakeholders. We will continue investing in technology to improve service delivery channels and product innovations as part of our strategy to meet evolving market requirements.
Performance Highlights
Unaudited Half Year Results 2024
Insurance contract revenue increased by 153% compared to the prior period mainly due to the IFRS related distortions that result in the understatement of the revenue for 2023.
Insurance Contract Revenue (US$)
73.5 million
2023: 29.1 million
153%
Profit After Tax (US$)
-32.7 million
2023: 56.3 million
158%
Total Assets (US$)
227.4 million
2023: 287.0 million
29%
