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(Update) Softbank Group Logs 1st April-Sept. Operating Loss in 15 Years

(Update) Softbank Group Logs 1st April-Sept. Operating Loss in 15 Years

   Tokyo, Nov. 6 (Jiji Press)--Softbank Group Corp. <9984> said Wednesday that it suffered its first April-September operating loss in 15 years, due to massive valuation losses on its investments, including in the WeWork office-sharing business and U.S. ride-hailing firm Uber Technologies Inc.
   The Japanese investment and technology firm reported a consolidated operating loss of 15,552 million yen for the fiscal first half ended Sept. 30, against the year-before profit of 1,420,716 million yen.

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AFP-JIJI PRESS NEWS JOURNAL


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