Tag: trading loss
MultiChoice Group FY24 – strategic successes amidst challenges
The financial year to 31 March 2024 (FY24) saw the culmination of four years of strategic planning, with MultiChoice Group (MultiChoice or the group) now fully operational in its three core segments, namely video entertainment, interactive entertainment and fintech.
Prosus accelerates profitability target and delivers on objectives
Prosus is successfully delivering on its commitments. The fundamentals of its operating businesses are improving, driving profitable growth. The ongoing open-ended buyback continues to compound value over time and the removal of the cross-holding agreement has greatly simplified the Group’s structure.
Prosus delivers strong revenue growth with profitable core operations
Prosus N.V. (AEX: PRX) announced strong revenue growth with profitability in core operations for the year ending 31 March 2022. Building on the prior year’s standout performance, the Group’s ecommerce portfolio delivered revenue growth of 51%1 to US$9.8 billion.
Prosus and Naspers – an unwavering growth strategy
There have been significant developments at Naspers-Prosus in recent times. The Great Value Unlock Trade (a cross-holding structure that was highly criticised by asset managers) was implemented, which made Naspers smaller in the local market and Prosus larger in the European market.
