Tech Investor Prosus Posts Core Earnings Rise on Growth Across Units — Update

By Najat Kantouar

Prosus, Tencent Holdings' largest shareholder, expects core earnings for fiscal 2026 to get a boost from revenue growth across its own operations.

The Amsterdam-listed investor said Friday that it expects core headline earnings per share--one of its preferred profitability metrics--for continuing operations to rise by 19% to 28% in the year ended March 31 compared with a year earlier.

The increase reflects growth in revenue and profitability of the businesses Prosus consolidates within its accounts, as well as the contribution of its stake in Tencent, the company said.

Prosus said revenue from the operations it formerly called e-commerce, now dubbed Ecosystem, exceeded $7.3 billion in fiscal 2026, with adjusted earnings before interest, taxes, depreciation, and amortization of $1.1 billion.

In fiscal 2025, Prosus posted revenue of $6.2 billion.

Meanwhile, earnings per share are expected to come in between 2.6% lower and 6.4% higher. Any growth should be primarily driven by the group's consolidated businesses in Latin America, Europe and India, alongside stronger equity-accounted earnings, primarily from Tencent, it said.

Those gains are partly offset by a lower contribution from sales of shares in Tencent. Prosus has continued to gradually reduce its stake in the operator of mobile-messaging app WeChat, but said it remains committed to being a significant shareholder in the company.

The company will publish its fiscal 2026 results on June 29.

Write to Najat Kantouar at najat.kantouar@wsj.com

Corrections & Amplifications

This article was corrected at 1254 GMT because it incorrectly said in the headline and lead paragraph that the company's investment in Tencent also contributed to revenue growth. Prosus reported higher revenue for fiscal 2026 supported by growth across its businesses.

(END) Dow Jones Newswires

June 19, 2026 09:07 ET (13:07 GMT)