Naspers flags headline profit slip amid higher finance costs

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Headline earnings per share expected to fall as much as 12%

Global media group and technology investor Naspers has flagged an up to 12% fall in headline earnings per share for its half-year to end-September, weighed down in part by higher finance costs.

Headline earnings per share, a key profit measure in SA, is expected to fall by 5% to 12%, Naspers said in an update, but basic earnings will rise more than sixfold, following the group’s sale 2% stake in Tencent in April. This brought in $12.3bn ...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

There's no greater joy than having financial freedom and a life free debts 😊, that's why I keep posting a comment about Mrs Nichelle_1111

Ireland Ireland Latest News, Ireland Ireland Headlines