RHCPA News: UPDATE 1-Australia's Ramsay Health Care profit more than halves on COVID curbs - 29th Apr 2022, 8:52am

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(Updates with background, CEO comment)

April 29 (Reuters) - Australia's largest private hospital operator Ramsay Health Care said on Friday its profit more than halved in the third quarter due to higher costs and disruptions from COVID-19 curbs.

The company, which has been approached by a KKR & Co led group with a near-$15 billion takeover bid, posted a net profit after tax attributable to shareholders of A$42.7 billion ($30.31 billion), down 59% from a year ago.

The operator of hospitals and...

>>> Read more: UPDATE 1-Australia's Ramsay Health Care profit more than halves on COVID curbs
 
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