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    NPN   ZAE000015889

NASPERS LIMITED

(NPN)
  Report
End-of-day quote. End-of-day quote Johannesburg Stock Exchange - 08/03
2601.92 ZAR   -6.97%
08/03S.African rand firms on weaker dollar, shares down on China sell-off
RE
08/02S.Africa's rand firms but stocks fall on risk-off mood
RE
07/29South African rand and stocks rally after Fed reassurance
RE
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SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Naspers, Prosus Fiscal Year 2021 Net Profit Rose

06/21/2021 | 02:36am EDT

By Adria Calatayud

Naspers Ltd. and its Amsterdam-listed subsidiary Prosus NV said Monday that net profit for fiscal 2021 rose, driven by a growing contribution from their Tencent Holdings Ltd. investment and improved profitability from ecommerce assets.

South African investor Naspers--which owns a major stake in Chinese tech giant Tencent through Prosus--said net profit for the year to March 31 was $5.30 billion compared with $3.10 billion for fiscal 2020.

Naspers said core headline earnings per share were $8.14 compared with $6.56 a year earlier. The company had guided for core headline EPS to come in at between $7.91 and $8.37.

Revenue rose to $5.93 billion from $4.00 billion in fiscal 2020.

Naspers previously said the financial results of Prosus almost completely account for the group's performance.

Prosus separately reported a net profit that nearly doubled to $7.45 billion on revenue that grew 54% to $5.12 billion. Prosus core headline EPS rose 44% to $2.99, in line with its guidance of an increase of between 41% and 48%.

"Today, our businesses are fundamentally stronger than they were going into the pandemic and are very well positioned going forward," Naspers and Prosus Chief Executive Bob van Dijk said.

Write to Adria Calatayud at adria.calatayud@dowjones.com

(END) Dow Jones Newswires

06-21-21 0235ET

Stocks mentioned in the article
ChangeLast1st jan.
NASPERS LIMITED -6.97% 2601.92 End-of-day quote.-13.83%
PROSUS N.V. -6.91% 70.62 Real-time Quote.-20.08%
All news about NASPERS LIMITED
08/03S.African rand firms on weaker dollar, shares down on China sell-off
RE
08/02S.Africa's rand firms but stocks fall on risk-off mood
RE
07/29South African rand and stocks rally after Fed reassurance
RE
07/28South Africa's rand weakens as markets wait for Fed, stocks gain
RE
07/27Prosus faces investor criticism over $144 million fee for Naspers share swap
RE
07/27Prosus faces investor criticism over $144 million fee for Naspers share swap
RE
07/27South Africa's rand falls as investors eye Fed meet
RE
07/26S.Africa's rand partially recovers, but risks remain
RE
07/26S.Africa's rand partially recovers, but risks remain
RE
07/21NASPERS : boosts digital short-term insurance company Ctrl with R34 million inve..
PU
More news
Financials (USD)
Sales 2022 8 356 M - -
Net income 2022 4 397 M - -
Net Debt 2022 3 139 M - -
P/E ratio 2022 21,2x
Yield 2022 0,25%
Capitalization 74 833 M 74 684 M -
EV / Sales 2022 9,33x
EV / Sales 2023 8,00x
Nbr of Employees -
Free-Float 94,7%
Chart NASPERS LIMITED
Duration : Period :
Naspers Limited Technical Analysis Chart | MarketScreener
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Technical analysis trends NASPERS LIMITED
Short TermMid-TermLong Term
TrendsNeutralBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 12
Last Close Price 181,73 $
Average target price 338,55 $
Spread / Average Target 86,3%
EPS Revisions
Managers and Directors
Robert van Dijk Chief Executive Officer & Executive Director
Vasileios Sgourdos Financial Director & Executive Director
Jacobus Petrus Bekker Non-Executive Chairman
Patrick Luke Kolek Group Chief Operating Officer
Debra Meyer Independent Non-Executive Director
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