Prosus N.V. Class N ( (PROSF) ) has released its Q2 earnings. Here is a breakdown of the information Prosus N.V. Class N presented to its investors.
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Prosus N.V. is a global technology group with a focus on ecommerce, fintech, and food delivery, and has a significant investment in Tencent, a major Chinese technology company. In its latest earnings report, Prosus showcased a strong performance for the first half of the fiscal year 2025, with significant growth in its core ecommerce businesses, including a 16% increase in consolidated revenue to $3.0 billion and a marked turnaround in operating profit from a loss to a profit of $132 million. The group also reported a substantial increase in core headline earnings by 76% to $3.5 billion, driven by robust performances in its ecommerce, food delivery, and fintech segments, as well as its investment in Tencent. The company’s ecommerce operations achieved an adjusted EBIT of $181 million, a significant improvement over the previous year, highlighting its focus on innovation and operational efficiency. Looking ahead, Prosus management remains optimistic about sustaining its profitable growth trajectory by continuing to invest in AI-driven innovations and strengthening its ecosystem, aiming to drive long-term value creation for shareholders.
