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Japan's SoftBank returns to profit as investments rebound

Por: Associated Press Business November 11, 2022

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TOKYO (AP) — Japanese technology investor SoftBank Group Corp. reported on Friday a 3 trillion yen ($21 billion) profit for the July-September quarter, a sharp reversal from its loss a year ago.After its 398 billion yen loss a year earlier, quarterly sales rose to 1.6 trillion yen ($11 billion) from 1.5 trillion yen, it said. Tokyo-based SoftBank Group tends to have fluctuating and complex financial results because it invests in an array of... + full article



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