S.Africa's Life Healthcare posts 12% drop in half-year profit

King International Investment

27/05/2021 06:29

JOHANNESBURG, May 27 (Reuters) - South Africa's hospital
chain operator Life Healthcare Group  LHCJ.J  reported an 11.9%
drop in half-year profit for the six months ended March 31,
owing to the impact of the second wave of coronavirus, the
company said on Thursday. 
    Its headline earnings per share (HEPS), the main profit
gauge for South African companies, was 47.4 cents for the period
against 53.8 cents recorded a year ago. 
    The company decided to hold back its interim dividend but
said it would reconsider it after its full-year results. 
     

 (Reporting by Promit Mukherjee; Editing by Ramakrishnan M.)
 ((promit.mukherjee@thomsonreuters.com; +27 64833 4448;))