SoftBank seen booking 75% first-quarter profit drop as it returns to profitability

SoftBank seen booking 75% first-quarter profit drop as it returns to profitability

3 years ago
Anonymous $qOHwDUKgAF

https://www.reuters.com/article/us-softbank-group-results/softbank-seen-booking-75-first-quarter-profit-drop-as-it-returns-to-profitability-idUSKCN2523HN

SoftBank Group Corp is seen booking a 75% first-quarter profit plunge on Tuesday, albeit making a return to profitability, as the coronavirus outbreak continued to weigh on the tech bets of CEO Masayoshi Son's $100 billion Vision Fund.