Future Tech

Prosus reports $2 billion in core earnings, up 118%

Tan KW
Publish date: Wed, 29 Nov 2023, 04:54 PM
Tan KW
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Future Tech

AMSTERDAM - Prosus NV, a large technology investor, said on Wednesday its core headline earnings increased 118% in the first half of 2024, citing improved profitability in its stable of investments.

Core headline earnings for the six months ended Sept. 30 were $2.0 billion, from $1.1 billion in the same period a year earlier, in line with a Nov. 20 trading statement.

Core headlines earnings is a nonstandard measure the company says best reflects its operating performance.

 


  - Reuters

 

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