Softbank's Q3 operating profit grows 7.3%

Wednesday 10 February 2016 | 11:36 CET | News
Japanese communications provider Softbank posted an operating income of JPY 189.6 billion for its fiscal third quarter to 31 December 2015, an increase of 7.3 percent year-on-year thanks to improvements both in its home market and at Sprint in the US. Net income plunged 88 percent to JPY 2.3 billion in the third quarter, hurt by a number of charges for changes in the value of its investments, such as Alibaba and GungHo. Sales for the quarter increased by 4.3 percent to JPY 2.4 trillion.

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Categories: General
Companies: Softbank / Sprint / Yahoo!
Countries: Japan
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