Prosus upbeat on interim earnings on ecommerce profitability

Prosus NV expressed optimism about its interim financial performance on Monday, citing strong gains in its e-commerce profitability and contributions from equity-accounted investments, particularly its stake in Tencent Holdings Ltd.

Prosus upbeat on interim earnings on ecommerce profitability

The Dutch technology company, which holds a significant stake in Tencent, anticipates a substantial increase in earnings per share (EPS) from continuing operations. It expects EPS N to grow by 34% to 43% for the first half of the fiscal year ending September 30, rising from 137 US cents in the same period last year. From continuing operations, headline EPS N is projected to jump to between 104 cents and 109 cents, compared to 54 cents previously. Meanwhile, EPS N from total operations is expected to range between 184 cents and 196 cents, up from 129 cents. Headline EPS N (HEPS N) is forecasted to more than double, reaching between 104 cents and 109 cents from last year’s 49 cents. However, Prosus noted that gains from the partial sale of its Tencent stake and certain impairment charges will impact overall EPS, though these factors are excluded from headline earnings calculations.

Committed to profitable growth

The company emphasized its ongoing commitment to profitable growth, highlighting the strong performance of its e-commerce segment and equity-accounted investments, particularly Tencent, in the first half of the 2025 fiscal year. “We are poised to continue this growth trajectory by accelerating execution and innovation, focusing on an AI-first strategy, and leveraging our technology ecosystem,” Prosus stated. The company is set to release its full interim financial results on December 2.