South Africa: Life Healthcare warns of earnings slump

Pieter van der Westhuizen, Group CFO, Life Healthcare

Life Healthcare, the second largest private hospital operator in South Africa, has warned that H1 earnings could fall by as much as 55% thanks to financial costs related to its sale of Max Healthcare in India. It said that headline earnings per share (HEPS) could fall up to 55.1% to R0.24 (US$0.02). HEPS is used…

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