TOKYO (Reuters) – SoftBank Group Corp on Monday reported that third quarter net profit ballooned more than 20 times, beating estimates, driven by recovery at its Vision Fund unit.
October-December net profit was 1.17 trillion yen ($11.09 billion). That compared with an estimate of 171 billion yen from four analysts polled by Refinitiv SmartEstimate.
($1 = 105.5000 yen)
(Reporting by Sam Nussey; Editing by Jacqueline Wong)