Netcare’s 2020 earnings plummet due to Covid-19
Group estimates it has lost about R3.7bn in revenue due to the coronavirus pandemic
19 November 2020 - 20:08
Netcare hospital group estimates that it has lost about R3.7bn in revenue due to the coronavirus pandemic, which saw it focus on treating Covid-19 patients and cancelling non-emergency surgeries.
Its headline earnings per share, a measure of underlying profitability, may drop to between 0c to a loss of 8c, it said in a trading statement on Thursday...
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