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Netcare, SA’s third-largest private hospital operator by market value, says its adaptation to Covid-19 conditions has provided for a steady improvement in its profits, even as it dealt with a third wave of the pandemic, SA’s most severe to date.

Netcare, whose focus is almost entirely on SA, said in a trading update it expects core profit to rise as much as 26%, about R665m, in its year to end-September. But it warned shareholders that while now more flexible it remains concerned about new variants of the virus and the slow pace of vaccination in SA...

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