IN BRIEF: Naspers Expects To Deliver "Good" Interim Results

Naspers Ltd - technology investor - Expects earnings per share for the six months ended September ...

Alliance News 16 November, 2020 | 4:20PM
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Naspers Ltd - technology investor - Expects earnings per share for the six months ended September 30 of between 484 US cents per share and 521 cents per share, either slightly above or below the prior year's 518 cents per share. Expects headline EPS to increase by 67 cents and 89 cents from 326 cents per share a year prior. Results for the period are due on November 23.

Naspers said: "Like most companies, in the period we faced some challenges due to Covid-19, particularly in countries where government lockdown regulations were wide ranging and long lasting. However, we have seen a sharp recovery in all of our impacted businesses as our contingency plans produced results once lockdown regulations began easing."

Current stock price: ZAR3,141.52

Year-to-date change: up 37%

By Greg Roxburgh; gregroxburgh@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Naspers Ltd Class N 360,986.00 ZAC 0.97 -

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