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Private health insurer Medibank has seen its full year net profit rise to $570.4 million. Operating profit rose 6.3%. Operating margins up 20 basis points. An additional $305 million in Covid relief has been given back to customers, taking its total support to 1.46 billion. Medibank private will pay a 9.4 cents a share final dividend, fully franked, and has lifted its full year fully franked dividend to 16.6 cents. Hear from company CEO David Koczkar for more.
ausbiz was founded by Kylie Merritt and David Koch and is Australia's leading provider of live and on-demand video of the latest news in Australian business, markets, economy and startups.