SoftBank back in the black after four quarters, posts $6.6b profit

SoftBank back in the black after four quarters, posts $6.6b profit

FILE PHOTO: The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. REUTERS/Issei Kato/File Photo

SoftBank Group on Thursday posted a net profit of 985.5 billion yen ($6.6 billion) in the October-December quarter, ending a streak of four consecutive quarters in the red, as the value of publicly listed investments gained ground.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter