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Naspers' half-year profit nearly doubles on strong e-commerce and Tencent performance

Reuters
2024/12/02
Naspers' half-year profit nearly doubles on strong e-commerce and Tencent performance

JOHANNESBURG, Dec 2 (Reuters) - South African technology investor Naspers NPNJn.J posted a 90.5% jump in its half-year core headline earnings, driven by accelerated growth and improved profitability of its e-commerce businesses and contribution from China's Tencent 0700.HK.

Naspers said on Monday its core headline earnings per share $(HEPS)$ for continuing operations rose to 865 U.S. cents in the six months ended Sept. 30, up from 454 U.S. cents.

(Reporting by Nqobile Dludla; Editing by Rashmi Aich)

((nqobile.dludla@thomsonreuters.com; +27103461066;))

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