News Formal

Naspers flags 50% drop in interim earnings amid global downturn

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Sverige Nyheter Nyheter

The group says rising cost of living is having an impact on growth expectations and valuations

Naspers expects to report a more than 50% drop in earnings for the six months to end-September due to a global economic downturn — characterised by high inflation and interest rates — leading to reduced activity in e-commerce.

On Monday, the group said it expects to report core headline earnings per share of 228c-257c, which is up to 61.7% lower than the previous comparable period. ..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 TimesLive Premium.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Short it

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 12. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Naspers flags 50% drop in interim earnings amid global downturnThe group says rising cost of living is having an impact on growth expectations and valuations Short it
Källa: BDliveSA - 🏆 12. / 63 Läs mer »