Prosus, a unit of Naspers, the major shareholder of TENCENT (00700.HK) +12.000 (+2.699%) Short selling $1.28B; Ratio 3.803% , saw its full-year profit drop by 35% to US$6.61 billion as of the end of March, topping market expectations of US$6.25 billion. Last year, Prosus' e-commerce business became profitable for the first time, with a trading profit excluding TENCENT of US$38 million, thanks to efficiency improvements in core businesses such as classified advertising, food delivery, payments and financial technology, as well as further cost reductions. Related NewsNomura: Top Picks for Next 12 Mths Are Tencent, Meituan w/ ST Preference on Alibaba/ BilibiliDuring the period, Prosus' core profit surged 84% to US$5 billion.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-09-30 16:25.)