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Prosus says H1 fiscal 2022 trading profit rose 8% -Breaking

by Mike Robinson

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© Reuters. FILE PHOTO – Prosus’ logo is displayed at Amsterdam’s Stock Exchange Building as Prosus trades on the Euronext stock market in Amsterdam, Netherlands. September 11, 2019. REUTERS/Piroschka van de Wouw/File Photo

AMSTERDAM (Reuters), Prosus (OTC) NV announced Monday that the company’s trading profit increased by 8% to $2.9Billion for its first half fiscal year 2022. The increase was due in part to its rapid expansion of revenues from its investment portfolio, which includes investments in food delivery and educational technology.

For the same time last year, it gave $2.7 trillion.

Prosus stated that core profit would rise 5%-12% per share for six months ending Sept. 30, according to Prosus on Nov. 16

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