CEO of Life Healthcare Group Shrey Viranna. Picture: FINANCIAL MAIL/FREDDY MAVUNDA
Life Healthcare said its results included a mark-to-market loss on foreign-exchange option contracts, which were taken out to protect the proceeds of its sale of Max Healthcare Institute shares. “While we expect tough operating conditions to remain, we are optimistic about the group’s growth prospects both in Southern Africa and internationally.”
“We remain optimistic about our international business despite the uncertainty posed by Brexit, as we have considered the potential business impact and implemented plans to mitigate material risks.”
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