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Softbank earnings rise on investment fund gains

Softbank earnings rise on investment fund gains

6 years ago
Anonymous $oIHRkISgaL

https://apnews.com/58070920ef104858916b87285f423256

TOKYO (AP) — Japanese technology company Softbank says its profits grew to 313.7 billion yen ($2.8 billion) in the latest quarter as it saw gains in its main investment fund.

The results reported Monday represent a more than 50-fold increase in profits for the April to June quarter compared to the same period last year. Sales edged up 4 percent to 2.3 trillion yen.

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