SoftBank posts Q3 profit gain of 20 times, beating estimates

Open Door

08/02/2021 06:11

TOKYO, Feb 8 (Reuters) - SoftBank Group Corp  9984.T  on
Monday reported that third quarter net profit ballooned more
than 20 times, beating estimates, driven by recovery at its
Vision Fund unit. 
    October-December net profit was 1.17 trillion yen ($11.09
billion). That compared with an estimate of 171 billion yen from
four analysts polled by Refinitiv SmartEstimate. 
    ($1 = 105.5000 yen)

 (Reporting by Sam Nussey; Editing by Jacqueline Wong)
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