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Broadband

Naspers FY revenues up 6%, core EPS beats expectations

Monday 27 June 2016 | 10:55 CET | News
African internet and entertainment group Naspers said that revenues as measured on an economic interest basis, including the proportionate contribution from associates and joint ventures, grew 6 percent to USD 12.2 billion in the year to 31 March. This was driven by growth at Tencent, as well as the classifieds, travel and e-tail segments within e-commerce. Some 77 percent of revenues were generated outside of South Africa.

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Categories: Broadcast & Satellite / Internet
Companies: Naspers / Tencent
Countries: Africa
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