Reported 8 months ago
South Africa's Naspers announced a more than doubled full-year earnings, driven by the improved performance of their e-commerce businesses and contributions from China's Tencent. Naspers revealed that their core headline earnings per share rose to 1,148 U.S. cents, consolidating a trading profit of $24 million in e-commerce. The firm's investments in food delivery, educational software, and payments companies have also shown positive growth, with Prosus holding a stake in Tencent. The company's buyback program aims to benefit shareholders amidst their success.
Source: YAHOO