(Reuters) – Australia’s largest private hospital operator Ramsay Health Care said on Friday its third-quarter underlying profit more than halved due to disruptions from COVID-19 restrictions and rise in associated costs.
Ramsay, which is the target of a near-$15 billion takeover bid by a group led by private equity giant KKR & Co, said its March quarter net profit after tax attributable to shareholders fell to A$42.7 billion ($30.31 billion) from A$104.2 million last year.
($1 = 1.4086 Australian dollars)
(Reporting by Sameer Manekar in Bengaluru; Editing by Krishna Chandra Eluri)
