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Prosus ( (NL:PRX) ) has shared an update.
Prosus N.V. has issued a trading statement indicating a substantial increase in its financial performance for the year ended 31 March 2025. The company expects core headline earnings per share for continuing operations to rise by 53.9%-63.2%, and headline earnings per share to increase by 90.9%-100.0%, driven by strong growth and profitability in its ecommerce businesses and investments, notably Tencent. This positive financial outlook reflects Prosus’s strategic focus on building ecommerce ecosystems and leveraging AI-driven technology to sustain growth, with implications for enhanced shareholder value.
More about Prosus
Prosus N.V. is a global consumer internet group and technology investor, primarily involved in the ecommerce and technology sectors. It is a subsidiary of Naspers Limited, a South African company listed on the Johannesburg Stock Exchange, and its operations significantly influence Naspers’s financial results.
For a thorough assessment of PRX stock, go to TipRanks’ Stock Analysis page.