0
General

Naspers FY revenue rises 26% to ZAR 132.4 bln

Tuesday 30 June 2015 | 15:27 CET | News
African media group Naspers reported revenue for the year to end March up 26 percent to ZAR 132.4b billion, driven by growth across the internet, ecommerce and video-entertainment (previously pay-television) segments. Core headline profit grew 30 percent to ZAR 11.2 billion, mainly due to increased earnings contributions from Tencent and some profitable ecommerce businesses. Core headline earnings per share amounted to ZAR 27.82, with the dividend proposed up 11 percent to ZAR 4.70 per share. In ecommerce, both classifieds and etail saw growth, resulting in revenues increasing 36 percent to

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: General
Companies: Naspers / Tencent
Countries: Africa
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Naspers starts Showmax with free 7-day trial of all content

Published 20 Aug 2015 09:27 CET | South Africa
Naspers has formally launched its ShowMax video on demand service in South Africa, ITWeb reported. ShowMax is offering a ...

Vodacom in talks to offer Naspers VoD service

Published 18 Aug 2015 09:17 CET | South Africa
South African operator Vodacom is in talks with Naspers with a view to offering subscription video on demand (SVoD) services over ...