Reuters
Prosus NV, the Dutch-based technology investor, on Monday reported a 20% fall in its core headline earnings, a non-standard measure, for its financial year and also announced a major share repurchasing programme. The core headline earnings of the financial year ended March 31 came in at $3.7 billion, compared with $4.9 billion reported in a year-ago period. "The macro-economic and severe geopolitical challenges in the second half of the year have presented significant headwinds," Chief Financial Officer Basil Sgourdos said in a statement.