TOKYO, Nov. 9 (Xinhua) — SoftBank Group Corp. on Thursday introduced a internet lack of 1.41 trillion yen (9.3 billion U.S. {dollars}) within the first half of fiscal 2023, or the April-September interval.
The determine expanded from a internet lack of 129.1 billion yen booked a 12 months earlier, with the losses within the recording interval attributed partly to a fall within the worth of its funding portfolio, the group reported.
On a quarterly foundation, the know-how and funding large booked 789 billion yen of loss, marking its fourth straight quarter within the purple.
Sales of the group rose 1.4 p.c from a 12 months earlier to three.23 trillion yen for the six months, its monetary outcomes confirmed.
The know-how and funding large reported 963.6 billion yen of funding losses within the six-month interval, in comparison with a lack of 849.6 billion yen for a similar interval of the earlier fiscal 12 months.
The firm didn’t launch an earnings outlook. (1 Japanese yen equals about 0.0066 U.S. {dollars})