JOHANNESBURG (Reuters) – South African insurer Discovery Ltd reported a 74% jump in full-year profit on Wednesday, benefiting from falling COVID-19 mortality claims and return to more normal business.
The company posted a headline earnings per share (HEPS), the main measure of corporate profit in South Africa, of 792.4 cents ($0.4562) for the year ended June 30, as against 454.7 cents in the prior period.
($1 = 17.3627 rand)
(Reporting by Promit Mukherjee; Editing by Edmund Blair)
