Naspers expects huge earnings jump

Media giant Naspers says it expects a big  jump in interim earnings, as much as 42%.

The group, which launched into the video on demand space in SA in August, through a company called ShowMax, said it expects expects core  headline earnings per share to
be between R20.93 and R21.70 higher than R15.28 before.

Earnings per share, Naspers said, is expected to be between 10% and 15% lower than R22.48 in 2014.

Shares in Naspers are up 520% over the past five years, and up 48% over the past year, adding R700 to its share price.

At close on the JSE on Thursday, Naspers traded at R2,149

The group said it expects to publish its results on 27, November.

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Naspers expects huge earnings jump