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Prosus held a stake in Tencent valued at $163.5 billion as of Friday’s close. maxim shemetov/ReutersProsus, Tencent Holdings’ 700 0.08%increase; green up pointing triangle 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.
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 estimates provided by Visible Alpha.
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