SoftBank touts Vision Fund gains, refuses to disclose operating profit

SoftBank touts Vision Fund gains, refuses to disclose operating profit

REUTERS/Issei Kato

SoftBank Group Corp broke with tradition on Tuesday and declined to disclose operating profit in its quarterly results, saying the measure was “not useful” to gauge performance, and instead pointed to a $2.8 billion gain at its Vision Fund.

Bring stories like this into your inbox every day.

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