SoftBank Group reported Q2 net sales of 2.22 tln yen versus consensus 2.02 tln. It posted a Q2 net loss of 1.12 tln yen versus an expected net profit of 129.32 bln yen. Vision Fund logged a Q2 loss of 81.58 bln yen versus an anticipated profit of 222.03 bln yen.
SoftBank Group posted a net loss of JPY 768.01 billion in the first half of the fiscal year (six months), versus a net profit of JPY 2.92 trillion in the same period a year earlier.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.