Finance
Prosus nearly doubles profit in H1 on strong e-commerce, Tencent growth
Published by Global Banking & Finance Review®
Posted on December 2, 2024
1 min readLast updated: January 28, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on December 2, 2024
1 min readLast updated: January 28, 2026
Prosus NV's core headline earnings surged by 89.5% in H1, fueled by strong e-commerce and Tencent growth, with HEPS rising to 144 U.S. cents.
JOHANNESBURG (Reuters) - Dutch technology investor Prosus NV reported on Monday an 89.5% jump in core headline earnings during its half year, driven by accelerated growth and improved profitability of its e-commerce businesses and China's Tencent.
Prosus, majority-owned by South Africa's Naspers, said core headline earnings per share (HEPS) from continuing operations rose to 144 U.S. cents in the six months ended Sept. 30, up from 76 U.S. cents.
(Reporting by Nqobile Dludla; Editing by Jacqueline Wong)
The article discusses Prosus NV's significant profit growth in the first half of the year, driven by e-commerce and Tencent.
Prosus NV's core headline earnings increased by 89.5% in the first half of the year.
The profit growth was primarily due to the accelerated growth and improved profitability of its e-commerce businesses and Tencent.
Explore more articles in the Finance category
