TOKYO -- SoftBank Group on Thursday reported its first quarterly profit in more than a year, thanks to a rise in the value of its tech investments.
The Japanese investment company posted a net profit of 950 billion yen ($6.39 billion) for the October-December quarter, compared with a 783.4 billion yen loss a year earlier. For the April-December period, SoftBank still booked a net loss of 458.7 billion yen.
