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General

Softbank quarterly profit jumps on investment gains

Monday 6 August 2018 | 12:04 CET | News
Softbank saw its net profit jump to JPY 313.7 billion in the fiscal first quarter to June from JPY 5.5 billion a year earlier, thanks largely to gains on its investments in companies such as Flipkart and WeWork and the spin-off of ARM's Chinese business. Net sales rose 4 percent to JPY 2.273 trillion, and adjusted EBITDA was up 3 percent to JPY 721.8 billion. 

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Categories: General
Companies: ARM / Softbank / Yahoo Japan
Countries: Japan
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