{"id":15765,"date":"2012-06-18T16:08:02","date_gmt":"2012-06-18T14:08:02","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=15765"},"modified":"2012-06-19T10:56:01","modified_gmt":"2012-06-19T08:56:01","slug":"naspers-anticipates-earnings-rise","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/internet\/15765\/naspers-anticipates-earnings-rise\/","title":{"rendered":"Naspers anticipates earnings rise"},"content":{"rendered":"

Naspers<\/a> advised on Monday (18 June) that it expects core headline earnings per share for the year ended March 2012, to be between 10% and 20% higher than the comparable period\u2019s 1,612 cents.<\/p>\n

The group reminded shareholders that the board considers core headline earnings an appropriate indicator of the sustainable operating performance of the group, as it adjusts for non-recurring and non-operational items.<\/p>\n

Headline earnings per share for the period are expected to be between 10% and 20% higher than the prior period’s 1,125 cents, Naspers said.<\/p>\n

Earnings per share are seen between 40% and 50% lower compared to the prior period’s 1,405 cents, \u201cmainly as a consequence of once-off dilution gains in the prior year arising from the contribution of the group’s stake in Mail.ru into the newly listed entity,\u201d it said.
\nIn 2011, Naspers \u00a0reported an 18% increase in revenue to R33 billion, with trading profit at R5.8 billion.<\/p>\n

Naspers owns 35% of Tencent Holdings<\/a>, whose subsidiaries provide Internet and mobile phone value-added services and operate online advertising services in the People’s Republic of China, while both companies have stakes in Russia\u2019s Mail.ru Group.<\/p>\n

Additional brands within Naspers\u2019 portfolio include DStv<\/a> Mobile, DStv Online, M-Net, MultiChoice<\/a>, MultiChoice Africa\/GOtv, MWEB<\/a>, SuperSport and Media24.<\/p>\n

Naspers noted that further details will be provided in the provisional report, due to be released on about 27 June.<\/p>\n

In afternoon trade on the JSE<\/a>, shares in Naspers slipped 95 cents to R464.50.<\/p>\n

Related Articles<\/strong><\/p>\n

Naspers feels Facebook heat<\/strong><\/a><\/p>\n

Naspers up 3% to record high<\/strong><\/a><\/p>\n

Naspers-Cape Town deal to be probed<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Naspers expects core headline earnings per share for the year ended March 2012, to be between 10% and 20% higher than 1,612 cents previously.<\/p>\n","protected":false},"author":9,"featured_media":15768,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9882],"tags":[78,26,1403,3211,1253,38,107,1197],"class_list":["post-15765","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-internet","tag-dstv","tag-headline","tag-m-net","tag-mail-ru","tag-multichoice","tag-mweb","tag-naspers","tag-supersport"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/15765","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=15765"}],"version-history":[{"count":7,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/15765\/revisions"}],"predecessor-version":[{"id":15770,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/15765\/revisions\/15770"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/15768"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=15765"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=15765"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=15765"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}