Prosus reports $2 billion in core earnings, up 118% By Reuters

© Reuters. FILE PHOTO: Prosus’ brand is pictured on a smartphone on this illustration taken, December 4, 2021. REUTERS/Dado Ruvic/Illustration

AMSTERDAM (Reuters) – Prosus (OTC:) NV, a big expertise investor, mentioned on Wednesday its core headline earnings elevated 118% within the first half of 2024, citing improved profitability in its steady of investments.

Core headline earnings for the six months ended Sept. 30 had been $2.0 billion, from $1.1 billion in the identical interval a yr earlier, in step with a Nov. 20 buying and selling assertion.

Core headlines earnings is a nonstandard measure the corporate says finest displays its working efficiency.