Prosus Reports Growth in Core Earnings
Prosus (PROSF) has released an update.
Prosus NV, a subsidiary of Naspers Limited, has announced an expected increase in core headline earnings per share, thanks to strong growth and profitability in its ecommerce businesses and investments, particularly in Tencent. Despite a decline in earnings per share due to a smaller gain from the sale of Tencent shares compared to the previous year, the overall financial picture shows improvement. The company’s financial results will be fully detailed in their forthcoming statements on June 24, 2024.
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