SoftBank books another quarterly loss, as investment hits offset Arm

SoftBank books another quarterly loss, as investment hits offset Arm

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Its Vision Fund investment unit, meanwhile, booked an investment profit of 21.4 billion yen in the latest quarter, having made a 160 billion yen profit three months earlier.

The net loss at group level of 789 billion yen compares with a 3.01 trillion yen profit a year earlier when it sold down a large portion of its stake in Chinese e-commerce giant Alibaba.