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PROSUS (PRX.WA)
| Previous close | 153.54 |
| Open | 153.54 |
| Bid | 143.52 x N/A |
| Ask | 146.58 x N/A |
| Day's range | 153.54 - 153.54 |
| 52-week range | 116.28 - 155.66 |
| Volume | |
| Avg. volume | 0 |
| Market cap | 375.966B |
| Beta (5Y monthly) | 0.65 |
| PE ratio (TTM) | 14.43 |
| EPS (TTM) | 10.64 |
| Earnings date | 24 Jun 2024 |
| Forward dividend & yield | 0.43 (0.28%) |
| Ex-dividend date | 31 Oct 2024 |
| 1y target est | N/A |
ReutersProsus writes off its 9.6% stake in India's Byju’s
Tech investor Prosus NV said it has written off the fair value of its 9.6% stake in Indian edtech firm Byju's during the financial year 2024, making the Dutch firm the first to fully write-off its investment in the troubled startup. Prosus cites the write off to "the significant decrease in value for equity investors". Earlier this year, a group of shareholders in the company, including Prosus, called to oust the company's founders and force a change of leadership, quoting concern about the "future stability" of the company.
ReutersProsus full-year core headline earnings jump 84%
Its core headline earnings were $5.0 billion, compared with $2.7 billion a year earlier, the company said. "Our e-commerce portfolio is profitable for the first time ever, and our ongoing buyback has created significant shareholder value," said the company's interim CEO Ervin Tu in a statement. The company recently appointed the head of its food delivery business iFood as its new CEO effective from July.
- Business Wire
Prosus delivers US$773m free cash flow improvement, 19% revenue growth and Ecommerce profitability
AMSTERDAM, June 24, 2024--Prosus N.V. (Prosus) (AEX and JSE: PRX): It has been a standout year for the Group. Prosus simplified its Group structure, delivered improvements across all core performance metrics and achieved Ecommerce profitability six months ahead of target. Operating businesses have performed well, accelerating profitable growth, while the open-ended buyback programme continues to deliver value for our shareholders every day. The rapid deployment of AI-led technologies across the
