News Formal

Prosus issues profit warning as Tencent’s earnings decline

  • 📰 Moneyweb
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 77%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Prosus issued a profit warning for its fiscal 2023 after a decline in profit at Tencent Holdings, the Chinese tech giant in which the Dutch investment firm owns a 26% stake. Moneyweb Tencent

Prosus issued a profit warning for its fiscal 2023 after a decline in profit at Tencent Holdings, the Chinese tech giant in which the Dutch investment firm owns a 26% stake. Core headline earnings per share from continuing operations in the year ending March 31 are expected to fall by between 21% and 28%, or 50 cents to 68 cents, Prosus said in a trading statement Wednesday.

Prosus has been reducing its stake in Tencent to fund a share buyback, in an effort to create additional value for shareholders and reduce the discount between the stake owned in Tencent and the rest of the parts. It has reduced its holding from 29% over the last year. Read: Prosus cuts Tencent stake in latest pullback from Chinese firms Prosus is expected to publish its fiscal 2023 results on June 27. Its South Africa-based parent Naspers also issued a profit warning. Prosus shares fell 1.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 5. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Oil prices dip after unexpected rise in US crude stocksOil prices inched higher on Wednesday after industry data showed an unexpected rise in U.S. crude stocks, signalling weak demand to markets already worried about recession and disappointing Chinese economic data.
출처: ReutersAfrica - 🏆 31. / 53 더 많은 것을 읽으십시오 »