Naspers set to report jump in interim earnings
Group says e-commerce portfolio, excluding Tencent, delivered ‘peer-leading growth and accelerated profitability’
20 November 2023 - 19:37
Naspers is set to report an increase of at least 58% in interim earnings, driven by a push to make money from its businesses outside Tencent, while it will continue with the JSE’s largest share buyback programme on record.
In an update released after market close on Monday, the group said its e-commerce portfolio, excluding Tencent, delivered “peer-leading growth and accelerated profitability”...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.