Japanese technology group SoftBank swung back to profitability in the April-September period, boosted by positive results in its Vision Fund investments. Tokyo-based SoftBank Group Corp reported Tuesday a profit of nearly 1.18 trillion yen, compared with a 931 billion yen loss in the year-earlier period. Quarterly sales edged up about…

SoftBank reported a $7.7 billion quarterly profit on Tuesday after a loss last year.Gains in its tech bets come as it prepares to invest further in AI and

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The company lodged a steep quarterly increase on Vision Fund gains after swinging back to black in the three months to June.

TOKYO : Japan's SoftBank Group swung to a 1.18 trillion yen ($7.7 billion) net profit in the three months to September, as the tech giant benefitted from higher share prices of listed companies in its Vision Fund investment vehicles.The results handsomely beat expectations for a 287 billion yen ($1.87 bi

Japanese technology conglomerate SoftBank Group swung back to profitability in the July-September quarter, boosted by its Vision Fund investments.

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TOKYO : Japanese technology investor SoftBank Group is expected to report a 287 billion yen ($1.87 billion) quarterly profit on Tuesday, boosted by successful portfolio company listings and a stronger yen.Analysts are also looking out for signs of new investment momentum driven by SoftBank's robust balanc