South Africa's Naspers doubled full-year profit due to improved e-commerce businesses and Tencent's contribution.

South Africa's Naspers reports a doubled full-year profit, driven by improved e-commerce businesses and Tencent's contribution. The company's core headline earnings per share rose to 1,148 U.S. cents from 546 cents, and its consolidated e-commerce business achieved profitability ahead of schedule. Consolidated revenue increased 8% to $6.4 billion.