Private hospital group Life Healthcare has suspended its interim dividend, following the impact of Covid-19 and uncertainty about a possible third wave. On Thursday, Life Healthcare released its inter results for the six months ended 31 March 2021. However, its southern Africa operations were was impacted by the second Covid-19 wave, leading to a 3.4% revenue decline and a 32.5% decline in earnings. "Life Healthcare continues to adopt a cautious approach due to the ongoing impact of Covid-19, particularly with the southern African business and the uncertainties around a potential third Covid-19 wave," said Life Healthcare in a statement. The group will review its decision on declaring a dividend at the end of its financial year.

Source: News 24 May 27, 2021 08:26 UTC