Naspers, which owns Africa’s biggest pay-TV network DStv, said core headline earnings per share rose to 648 cents in the six months to end-September and in line with its forecast range of 30-40% rise.
Revenue rose 6% to 13.5 billion rand, boosted by growth of 352,000 new pay-TV subscribers and a strong performance at its Internet unit.
But the company said its print media business was under pressure as slower consumer spending in South Africa hit advertising revenue.
Naspers, which has stakes in companies in China, Brazil and Russia, gave no outlook for the second half.
Be the first to comment