{"id":179419,"date":"2017-06-15T08:29:26","date_gmt":"2017-06-15T06:29:26","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=179419"},"modified":"2017-06-15T08:29:26","modified_gmt":"2017-06-15T06:29:26","slug":"naspers-expects-bumper-earnings","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/internet\/179419\/naspers-expects-bumper-earnings\/","title":{"rendered":"Naspers expects bumper earnings"},"content":{"rendered":"<p>Naspers, the multinational internet and media group, is expecting bumper results as it finalizes its consolidated annual financial statements for the year ended March 2017.<\/p>\n<p>The group, which reportedly accounts for 15% of the all share index alone, expects core headline earnings per share to be between 33% (98 US cents) and 39% (116 US cents) higher than the comparable period\u2019s 298 US cents.<\/p>\n<p>It is expected that earnings per share for the year ended 31 March 2017, will be between<br \/>\n181% (431 US cents) and 187% (445 US cents) higher compared to the prior period\u2019s<br \/>\n238 US cents.<\/p>\n<p>Headline earnings per share for the year is expected to increase by between 4% (7 US<br \/>\ncents) and 10% (17 US cents) from the prior period\u2019s 168 US cents, Naspers said.<\/p>\n<p>Naspers said its financial results are due to be released on or about 23 June 2017.<\/p>\n<p>Shares in Naspers climbed above R2,000 at the end of December 2016, adding more than R500 so far in 2017, to R2,554 at close of play on Wednesday.<\/p>\n<p>Locally, the company&#8217;s brands include MultiChoice and Media24, while the group also has sizeable investments in Chinese gaming giant, Tencent, Mail.ru, and Flipkart.<\/p>\n<hr \/>\n<p><strong>Read: <a href=\"https:\/\/businesstech.co.za\/news\/internet\/169773\/naspers-injects-r960-million-into-takealot-to-become-majority-shareholder\/\" target=\"_blank\" rel=\"noopener\">Naspers injects R960 million into Takealot to become majority shareholder<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Naspers, the multinational internet and media group, is expecting bumper results as it finalizes its consolidated annual financial statements for the year ended March 2017.<\/p>\n","protected":false},"author":10,"featured_media":90918,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9882],"tags":[25,107],"class_list":["post-179419","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-internet","tag-active","tag-naspers"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/179419","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\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=179419"}],"version-history":[{"count":3,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/179419\/revisions"}],"predecessor-version":[{"id":179443,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/179419\/revisions\/179443"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/90918"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=179419"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=179419"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=179419"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}