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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.
Audited Full Year Results 2024
Douglas Hoto, Group Chief Executive Officer
The Group’s solid financial position, diversified revenue streams as well as the focus on growing the contribution of regional assets is expected to contribute towards sustainable growth and value creation for our stakeholders.

Performance Highlights
Audited Full Year Results 2024
During the year under review, the proportion of Group revenue in foreign currency increased from 74% to 84%, indicating client preference for insurance covers and other products in foreign currency.
Insurance Service Result (US$)
27.1 million
2023: 23.8 million
14%
Profit After Tax (US$)
-27.1 million
2023: 58.7 million
146%
Total Assets (US$)
256.8 million
2023: 287.0 million
11%