Netcare to spend R1.6bn on capex

Netcare’s revenue for the March interim period has increased by 5.6 per cent to R10.520 billion. Its company EBITDA grew by 1.3 per cent with adjusted headline earnings per share decreasing to 84.3 cents. Netcare has forecasted slow growth within the next year due to the inclusion of Akeso Clinics as well as the acute patient demand being weaker in the first half. Dr Richard Friedland, CEO, Netcare joins CNBC Africa for more.

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