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Softbank Group's Net Profit More Than Triples in April-June

Softbank Group's Net Profit More Than Triples in April-June

   Tokyo, Aug. 7 (Jiji Press)--Softbank Group Corp. <9984> said Wednesday that its net profit more than tripled in April-June from a year before, mainly thanks to gains from sale of shares in Chinese e-commerce giant Alibaba Group Holding Ltd.
   The Japanese technology investor posted a consolidated net profit of 1,121,719 million yen for the three months. The figure was the largest quarterly net profit reported by 400 major Japanese firms since 2004, according to Nomura Securities Co.

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