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SoftBank Group reports 50% rise in profit for nine months
short by Shruti Maria Mahendar / on 06 Feb 2019,Wednesday
Japanese conglomerate SoftBank Group on Wednesday said its net profit for the nine months to December rose 52% to over $14 billion. This was largely driven by gains of $7.3 billion from its investment funds, led by SoftBank Vision Fund whose partners include Saudi Arabia. The company's net income stood at $14 billion, a 31% rise from the year-ago period.
short by Shruti Maria Mahendar / 11:21 pm on 06 Feb
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