South Africa's Naspers flags higher H1 earnings

South Africa's Naspers expected interim profit for the first half to jump by up to 42 percent, the media giant said on Friday. Naspers, Africa's largest company by market value, said core headline earnings per share would likely come in a range of 20.93 rand and 21.70 rand, or between 37 and 42 percent higher. Headline EPS is a widely watched profit measure in South Africa that excludes certain one-off and non-trading items.