Discovery signals recovery following Covid-19 hit
31 August 2022 - 16:11
Health and insurance group Discovery expects its normalised headline earnings to jump as much as 75% in the year to June, boosted in part by foreign-exchange gains, as well as falling Covid-19 infection and mortality rates.
Like its peers, Discovery had been in the clutches of the Covid-19 pandemic for two years, which meant setting aside billions of rand worth of provisions to settle ensuing death and other related claims...
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