- June 21, 2021
- Posted by: Stratford Team
- Category: Business
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CAPE TOWN, South Africa–(BUSINESS WIRE)–Naspers Limited (JSE: NPN) full year results confirm revenues and trading profit at record levels, as well as strong progress on strategy.
- Group now serves more than 2 billion users globally
- Group revenues1 of US$29.6bn (up 32%); trading profit of US$5.6bn (up 45%); core headline earnings of US$3.5bn (up 15%)
- Ecommerce2 portfolio value almost doubles in a year and hits US$39bn3 valuation
- Classifieds segment, core payments business, and eMAG profitable
- Food segment grows revenues to US$1.5bn (up 127%)
- Edtech segment established from 1 April 2021, already serving 500 million monthly users
- Ventures team continues to identify future growth opportunities, with US$0.9bn of investments since the start of FY21
Bob van Dijk, Group CEO, Prosus and Naspers, commented:
“In a year of extreme global challenge, we have delivered our strongest results to date and accelerated growth right across…