<p>Prosus NV stated that its earnings per share for the last fiscal year may have nearly doubled due to the accelerated growth of its e-commerce business and the soaring value of its shares in Chinese internet company Tencent Holdings Limited. On June 11, the company announced that for the 12 months ending in March, the earnings per share from continuing operations are expected to grow by 91%-100% year-on-year. The two fastest-growing e-commerce companies under Prosus include: the online marketplace OLX, which saw its adjusted EBITDA grow by over 50% to approximately $270 million; and iFood, which has more than doubled its profits this year, exceeding $200 million</p>

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<p>Prosus NV expects its earnings per share for the last fiscal year to grow by 91%-100% due to the rapid growth of its e-commerce business and the increase in the value of Tencent shares. The company's OLX and iFood are the fastest-growing e-commerce companies, with OLX's adjusted EBITDA growing by over 50% to approximately $270 million, while iFood's profit grew by over 100%, exceeding $200 million</p>

Prosus: E-commerce and Tencent are expected to double profits