SoftBank Group Posts 1st April-Dec. Profit in 3 Years
Tokyo, Feb. 12 (Jiji Press)--SoftBank Group Corp. on Wednesday reported a consolidated net profit of 636.1 billion yen for April-December 2024, its first black figure for the nine-month period in three years.
The technology investment group rebounded from a net loss of 458.7 billion yen a year earlier, mainly thanks to a rise in the value of some companies in its investment portfolio, such as China's ByteDance Ltd., which operates the TikTok video-sharing app.
(2025/02/12-19:09)
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