SoftBank swings to Q4 profit as comeback gains steam

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SoftBank swings to Q4 profit as comeback gains steam

) Group swung to a quarterly profit on Monday versus the year earlier, reporting a net profit of 328.9 billion yen for the January-March period.

In February, Chief Financial Officer Yoshimitsu Goto said the company was on a return to a "growth trajectory". The net profit at group level compared with a 32 billion yen loss in the same period a year earlier, when capital raised using SoftBank's stake inRisk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events.

 

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