AMSTERDAM (dpa-AFX) - Prosus N.V. (PROSY, PROSF), a Dutch investment company, on Wednesday reported a rise in net profit for the first-half of 2023, amidst an increase in revenue and a decline in loss from impairment of equity-accounted investments.
For the six-month period to September 30, Prosus posted a net profit of $3.367 billion or 128 cents per share, higher than $2.516 billion or 89 cents per share, recorded for the same period previous year.
Profit from continuing operations increased to $3.590 billion from last year's $2.538 billion.
Loss from discontinued operations surged to $223 million from $22 million a year ago.
Profit before taxation stood at $3.669 billion as against $2.554 billion in previous year.
Operating loss was $415 million, higher than $86 million last year.
Loss from impairment of equity-accounted investments narrowed to $175 million from last year's $1.458 billion.
Gains on partial disposal of equity-accounted investment improved to $2.861 billion from $2.771 billion in 2022.
Share of equity-accounted results were at $1.152 billion, compared with $1.059 billion a year ago.
Revenue was $2.556 billion, up from last year's $2.269 billion.
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