May 9, 2018 / 6:09 AM / 2 months ago

Japan's SoftBank posts 27 pct rise in annual profit

TOKYO, May 9 (Reuters) - Japan’s SoftBank Group Corp on Wednesday reported a 27 percent rise in full-year operating profit, in line with analyst estimates, as its investments in technology firms around the world swelled.

Profit for the year ended March rose to 1.3 trillion yen ($11.87 billion) from 1 trillion yen a year ago, SoftBank said.

That compared with an average estimate of 1.3 trillion yen from 19 analysts polled by Thomson Reuters I/B/E/S.

SoftBank did not release a forecast for the current business year, saying there were too many uncertain factors. ($1 = 109.4900 yen) (Reporting by Sam Nussey; Editing by Himani Sarkar)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below