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The Independent UK
The Independent UK
National
Yuri Kageyama

Japan's SoftBank returns to profit as investments rebound

Copyright 2021 The Associated Press. All rights reserved

Japanese technology investor SoftBank Group Corp. reported on Friday a 3 trillion yen ($21 billion) profit for the July-September quarter, a sharp reversal from its loss a year ago.

After its 398 billion yen loss a year earlier, quarterly sales rose to 1.6 trillion yen ($11 billion) from 1.5 trillion yen, it said.

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