* FY core headline EPS 1,850 cents vs 1,612 cents
* Revenue up 19 pct at R39.5 bln
* Shares up nearly 30 pct this year
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JOHANNESBURG, June 27 – South African media and e-commerce
firm Naspers posted a 15 percent gain in full-year
earnings on Wednesday, boosted by solid growth in its
money-spinning Internet business.
Naspers has transformed itself from an apartheid-era
newspaper publisher to a global multimedia business by buying or
taking stakes in emerging-market Internet companies such as
China’s Tencent and Russia’s Mail.ru.
Naspers said core headline earnings per share rose to 1,850
cents in the year to end-March from 1,612 cents a year earlier.
The company considers core headline earnings, which exclude
one-time items, to be the most accurate measure of its earnings.
The Cape Town-based company had indicated this month that
earnings would rise by as much as 20 percent.
Revenue totalled 39.5 billion rand ($4.66 billion) compared
with 33.09 billion rand a year earlier.
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