Tech Investor Prosus Posts Higher Profit, Driven by Tencent Holding

Prosus, Tencent Holdings' largest shareholder, reported a rise in net profit for its fiscal first half, driven by its investment in the Chinese tech giant and the sale of a portion of its stake.

- BY NAJAT KANTOUAR

Net profit for the six months through Sept. 30 rose to $5.63 billion from $4.59 billion in the year-earlier period, the Amsterdam-listed technology investor said Monday. This compared with consensus expectations of $6.11 billion, according to esti