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CWL1991
2021-06-21

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Naspers offshoot Prosus reports earnings boost from Tencent stake

AMSTERDAM/JOHANNESBURG, June 21 (Reuters) - Prosus NV, the international investment arm of South Afr

Naspers offshoot Prosus reports earnings boost from Tencent stake

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AOng
·2021-06-21
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- Adollar:
  Good article
  2021-06-21
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Fiona888
·2021-06-21
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Fiona888
·2021-06-21
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Prosus owns 28.9% of Tencent and is itself controlled by Naspers, Africa's biggest company by market capitalisation.</p>\n<p>Of net profit, $7.1 billion came from minority investments, dominated by the contribution from Tencent, which grew profit by 33%.</p>\n<p>Prosus said its operating loss was due to higher employee expenses, and that its businesses had performed well amid the coronavirus pandemic.</p>\n<p>It pointed a 54% increase in revenue in companies that it consolidates, to $5.1 billion from $3.3 billion.</p>\n<p>\"During the period, we accelerated revenue growth, improved profitability and cash generation, and grew customer numbers,\" the company said in a statement.</p>\n<p>Prosus’ parent Naspers reported a 24% rise in reported core headline earnings per share - the main gauge of corporate profit in South Africa - of 814 U.S. cents, up from 656 cents reported for the same period a year earlier.</p>\n<p>Naspers currently owns 73% of Prosus. The companies are seeking shareholder support to move to a cross-holding structure that would shift the bulk of their assets to Amsterdam while leaving Naspers in control.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Naspers offshoot Prosus reports earnings boost from Tencent stake</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNaspers offshoot Prosus reports earnings boost from Tencent stake\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-21 14:42</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>AMSTERDAM/JOHANNESBURG, June 21 (Reuters) - <a href=\"https://laohu8.com/S/PROSF\">Prosus NV</a>, the international investment arm of South Africa's Naspers , reported a better than expected net profit of $7.45 billion for 2021 on Monday, driven by strong returns from its big stake in Chinese software giant Tencent.</p>\n<p>However, the company reported an operating loss of $1.04 billion at the companies it owns around the globe in online marketplaces, food delivery and educational software.</p>\n<p>Analysts had seen net profit at $4.63 billion for the 12 months ended March 31, up from $3.66 billion in the same period a year earlier, according to Refinitiv data. Prosus owns 28.9% of Tencent and is itself controlled by Naspers, Africa's biggest company by market capitalisation.</p>\n<p>Of net profit, $7.1 billion came from minority investments, dominated by the contribution from Tencent, which grew profit by 33%.</p>\n<p>Prosus said its operating loss was due to higher employee expenses, and that its businesses had performed well amid the coronavirus pandemic.</p>\n<p>It pointed a 54% increase in revenue in companies that it consolidates, to $5.1 billion from $3.3 billion.</p>\n<p>\"During the period, we accelerated revenue growth, improved profitability and cash generation, and grew customer numbers,\" the company said in a statement.</p>\n<p>Prosus’ parent Naspers reported a 24% rise in reported core headline earnings per share - the main gauge of corporate profit in South Africa - of 814 U.S. cents, up from 656 cents reported for the same period a year earlier.</p>\n<p>Naspers currently owns 73% of Prosus. The companies are seeking shareholder support to move to a cross-holding structure that would shift the bulk of their assets to Amsterdam while leaving Naspers in control.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"00700":"腾讯控股","NPSNY":"Naspers(腾讯南非大股东)","TCEHY":"腾讯控股ADR"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2145856520","content_text":"AMSTERDAM/JOHANNESBURG, June 21 (Reuters) - Prosus NV, the international investment arm of South Africa's Naspers , reported a better than expected net profit of $7.45 billion for 2021 on Monday, driven by strong returns from its big stake in Chinese software giant Tencent.\nHowever, the company reported an operating loss of $1.04 billion at the companies it owns around the globe in online marketplaces, food delivery and educational software.\nAnalysts had seen net profit at $4.63 billion for the 12 months ended March 31, up from $3.66 billion in the same period a year earlier, according to Refinitiv data. Prosus owns 28.9% of Tencent and is itself controlled by Naspers, Africa's biggest company by market capitalisation.\nOf net profit, $7.1 billion came from minority investments, dominated by the contribution from Tencent, which grew profit by 33%.\nProsus said its operating loss was due to higher employee expenses, and that its businesses had performed well amid the coronavirus pandemic.\nIt pointed a 54% increase in revenue in companies that it consolidates, to $5.1 billion from $3.3 billion.\n\"During the period, we accelerated revenue growth, improved profitability and cash generation, and grew customer numbers,\" the company said in a statement.\nProsus’ parent Naspers reported a 24% rise in reported core headline earnings per share - the main gauge of corporate profit in South Africa - of 814 U.S. cents, up from 656 cents reported for the same period a year earlier.\nNaspers currently owns 73% of Prosus. The companies are seeking shareholder support to move to a cross-holding structure that would shift the bulk of their assets to Amsterdam while leaving Naspers in control.","news_type":1},"isVote":1,"tweetType":1,"viewCount":380,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":13,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":4928615,"commentId":"4928615","gmtCreate":1624258971106,"gmtModify":1663229586132,"authorId":3561266067002759,"author":{"id":3561266067002759,"idStr":"3561266067002759","authorId":3561266067002759,"name":"AOng","avatar":"https://static.tigerbbs.com/3fc7b193e255bf85bddde131bb8a3dfe","vip":1,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":4,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":167814047,"objectIdStr":"167814047","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Ok","text":"Ok","html":"Ok","likeSize":0,"commentSize":1,"subComments":[{"id":4928630,"commentId":"4928630","gmtCreate":1624259041394,"gmtModify":1631890898331,"authorId":3582843618871796,"author":{"id":3582843618871796,"idStr":"3582843618871796","authorId":3582843618871796,"name":"Adollar","avatar":"https://static.tigerbbs.com/0b7c3e8d0ea455e203fda09d0d2cffb8","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":167814047,"objectIdStr":"167814047","type":1,"supId":4928615,"supIdStr":"4928615","prevId":0,"prevIdStr":"0","content":"Good article","text":"Good article","html":"Good article"}],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0},{"id":4928638,"commentId":"4928638","gmtCreate":1624259062269,"gmtModify":1663229584849,"authorId":3581675432544786,"author":{"id":3581675432544786,"idStr":"3581675432544786","authorId":3581675432544786,"name":"Fiona888","avatar":"https://static.tigerbbs.com/42688ec73bb74970876cdb05131f23f7","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":167814047,"objectIdStr":"167814047","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"OK<br>\nliked and commented. Could you please also help me to like and comment my first post from my profile.","text":"OK<br>\nliked and commented. Could you please also help me to like and comment my first post from my profile.","html":"OK<br>\nliked and commented. Could you please also help me to like and comment my first post from my profile.","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0},{"id":4928649,"commentId":"4928649","gmtCreate":1624259107153,"gmtModify":1631890898352,"authorId":3581675432544786,"author":{"id":3581675432544786,"idStr":"3581675432544786","authorId":3581675432544786,"name":"Fiona888","avatar":"https://static.tigerbbs.com/42688ec73bb74970876cdb05131f23f7","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":167814047,"objectIdStr":"167814047","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"OK<br>\nliked and commented. Could you please also help me to like and comment my first post from my profile.","text":"OK<br>\nliked and commented. Could you please also help me to like and comment my first post from my profile.","html":"OK<br>\nliked and commented. Could you please also help me to like and comment my first post from my profile.","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0}],"hasMoreComment":true,"orderType":2}