Masayoshi Son’s SoftBank Group swung to a ¥1.2tn ($7.8bn) profit in its latest quarter, driven by a string of successful initial public offerings in India and better tech valuations.
The company’s results easily beat analysts’ forecasts for a profit of just ¥286.8bn and comes after a ¥931bn loss in the September quarter last year and a ¥174.3bn loss in its previous quarter.
The rebound was helped by a strong fiscal second quarter for its risk-taking and tech-heavy Vision Funds, which reported a gain on investments of ¥608bn.
您已阅读17%（528字），剩余83%（2585字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。