June 29, 2020 / 4:24 PM / 12 days ago

Tech investor Prosus reports full-year profit up 6.7%

AMSTERDAM, June 29 (Reuters) - Prosus NV, one of the world’s largest technology investors, on Monday said net profit for the year to March 31, 2020 rose a better than expected 6.7% to $3.82 billion, helped by strong growth at its biggest investment, Tencent.

Analysts polled by Refinitiv had forecast net profit of $3.57 billion.

Prosus, which listed in Amsterdam in September 2019, holds a 31% stake in Tencent worth $186 billion at current prices. (Reporting by Toby Sterling Editing by David Goodman )

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