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SoftBank Group swings to profit in first quarter
Gulf Today
|August 10, 2025
Japanese technology investor SoftBank Group booked a net profit of $2.87 billion in the first quarter, driven by gains among larger listed investments in its Vision Fund portfolio.
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The result will likely be welcomed by investors as SoftBank pursues its biggest spending spree since the launch of its Vision Funds in 2017 and 2019, this time making mammoth investments in artificial intelligence companies. Investors and analysts are awaiting updates on the timeline for returns to materialise and to what extent assets will be monetised to fund the new projects.
This story is from the August 10, 2025 edition of Gulf Today.
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