Global internet group Naspers profit plummets by R147 billion.

GUEST – Jan Vermuelen, mybroadband editor<br /> <br /> Naspers has released its annual financial results, reporting an over 46% decrease in profit from $18.5 billion (R318 billion) to $9.95 billion (R171 billion). Sister company Prosus posted a similar performance, with its annual profit decreasing from $18.6 billion (R319 billion) to $10.0 billion (R172 billion). The poor performance comes after the companies warned two weeks ago that they expect their headline earnings per share to drop by between 74% to 82%. <a href="http://www.kayafm.co.za/">Kaya FM </a>