FWD Group’s H1 2025 bags $47m net profit

New business sales rose 38% year-on-year.

FWD Group Holdings reported a record interim net profit of $47m for the six months ended 30 June 2025 (H1 2025), its first earnings since listing on the Hong Kong Stock Exchange in July.

New business sales rose 38% year-on-year (YoY) to $1.25b on an annualised premium equivalent (APE) basis, while new business contractual service margin (CSM) grew 34% YoY to $794m. 

Operating profit after tax increased 9% YoY to $251m, with contributions from all four geographic reporting segments: Hong Kong & Macau, Thailand & Cambodia, Japan and Emerging Markets.

The company’s IPO in July raised HK$3.61b (about $466m) in gross proceeds.

Group CEO Huynh Thanh Phong said the IPO proceeds will be used to strengthen capital flexibility, reduce debt and support further growth in customer reach, digital capabilities and distribution channels.