Business & Finance
Prosus Expects Surge in Profits on E-Commerce, Tencent Growth
Key Points
Prosus Expects Surge in Profits on E-Commerce, Tencent Growth Prosus NV expects core earnings to surge as much as 28% in the year ended March 31st on the back of its growing e-commerce business and an increase in the value of the stake it owns in China’s Tencent. Core headline earnings per share from continuing operations for the year are expected to increase between 19% and 28%, Prosus said in a trading statement on Friday.
Prosus Expects Surge in Profits on E-Commerce, Tencent Growth
Prosus NV expects core earnings to surge as much as 28% in the year ended March 31st on the back of its growing e-commerce business and an increase in the value of the stake it owns in China’s Tencent.
Core headline earnings per share from continuing operations for the year are expected to increase between 19% and 28%, Prosus said in a trading statement on Friday.