{"id":285342,"date":"2018-11-20T07:44:26","date_gmt":"2018-11-20T05:44:26","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=285342"},"modified":"2018-11-20T07:44:26","modified_gmt":"2018-11-20T05:44:26","slug":"naspers-sees-healthy-profit-rise","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/internet\/285342\/naspers-sees-healthy-profit-rise\/","title":{"rendered":"Naspers sees healthy profit rise"},"content":{"rendered":"

Media and e-commerce group Naspers says it expects core headline earnings per share to be between 35% and 43% higher for the six months ended September 2018, than 277 US cents before.<\/p>\n

It expects that earnings per share for the six month period will be between 210% (531 US cents) and 217% (549 US cents) higher than the adjusted comparable period’s 253 US cents.<\/p>\n

Headline earnings per share is expected to increase by between 200% (422 US cents) and 207% (437 US cents) from the adjusted prior period’s 211 US cents.<\/p>\n

Naspers said that earnings per share was impacted significantly by the once-off gain recognised on disposal of the group\u00b4s interest in Flipkart Limited.<\/p>\n

Headline earnings and earnings per share increased considerably as a result of the group’s share of fair-value gains recognised by Tencent on certain of its investments.<\/p>\n

Shares in Naspers climbed 1.67% on Monday, to R2,825. The group expects to publish its results on 30 November 2018.<\/p>\n

\"\"<\/a><\/p>\n

\n

Read: Now may be a good time to invest in Naspers: analyst<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Media and e-commerce group Naspers says it expects core headline earnings per share to be between 35% and 43% higher for the six months ended September 2018.<\/p>\n","protected":false},"author":10,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9882],"tags":[26,107],"class_list":["post-285342","post","type-post","status-publish","format-standard","hentry","category-internet","tag-headline","tag-naspers"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/285342","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=285342"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/285342\/revisions"}],"predecessor-version":[{"id":285350,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/285342\/revisions\/285350"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=285342"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=285342"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=285342"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}