Prosus expects annual e-commerce profit to beat $400 million guidance

Prosus expects annual e-commerce profit to beat $400 million guidance

The Star Online - Tech·2025-05-08 19:05

JOHANNESBURG (Reuters) -Dutch technology investor Prosus NV expects adjusted profit at its e-commerce business to exceed its guidance and reach $435 million this fiscal year, Chief Executive Fabricio Bloisi said on Thursday.

Last year, Prosus, majority-owned by South Africa's Naspers, estimated adjusted earnings before interest and taxes (aEBIT) of $400 million for its e-commerce business in the 2025 financial year, compared with a trading profit of $38 million in the 2024 fiscal year.

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