May 30, 2019 / 5:55 AM / 6 months ago

South Africa's Life Healthcare posts marginal rise in H1 core profit

JOHANNESBURG, May 30 (Reuters) - South Africa’s Life Healthcare posted on Thursday a marginal rise in its first-half normalised core profit, due to lower activity amid a tepid first quarter.

The private hospital operator said normalised earnings before interest, tax, depreciation and amortization (EBITDA) rose to 2.7 billion rand ($184.68 million) from 2.6 billion rand a year earlier.

Life Healthcare declared an interim dividend on 40 cents per share, up 5.3% from a year-ago period. ($1 = 14.6200 rand) (Reporting by Nqobile Dludla, Editing by Sherry Jacob-Phillips)

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