SoftBank Group's April-June Net Loss Shrinks to 174.2 B. Yen
Tokyo, Aug. 7 (Jiji Press)--SoftBank Group Corp. on Wednesday reported a consolidated net loss of 174.2 billion yen for April-June, its third consecutive April-June loss, though shrinking from the year-before loss of 477.6 billion yen.
The smaller loss reflected an improvement in its mainstay investment business on a rise in the value of companies in its investment portfolio, including South Korean e-commerce firm Coupang Inc.
(2024/08/07-18:15)
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