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SoftBank Group Swings To FY Profit

SoftBank Group Corp. (SFTBY.PK,SFTBF.PK) Wednesday reported profit of 4.99 trillion yen for the fiscal year 2020, compared to a loss of 961.6 billion yen last year. On a per share basis, earnings were 2,437.29 yen compared to a loss 485.33 yen, last year.

Fiscal year net sales improved 5.63 trillion yen from 5.24 trillion yen last year.

Total gain on investments was a profit of 7.53 trillion yen, while last year it was a loss of 1.41 trillion yen.

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