FOR the six months to end-March, Netcare reported a 2% increase in revenue to R10.3 billion, with adjusted headline profit per share rising 29%. The company reported an interim dividend per share 20c.
Its profit margin improved thanks to higher hospital occupancy levels in recent months and lower spending on Covid-19 personal protective equipment.
Hospital occupancies in December and early January were hit during the fourth Covid wave. However, after the wave subsided and schools opened, there was a steady ramp-up in activity in both medical and surgical cases.
February and March recorded the highest level of non-Covid-19 activity since the start of the pandemic. – news24.com