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UPDATE 1-Japanese telco SoftBank posts 15% rise in Q3 profit, hikes full-year forecast | |
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February 07, 2020 *Operating profit Y243 bln vs Y240 bln estimate of analysts. Japan's third-largest telco, SoftBank Corp has pledged to pay out 85% of its net income as dividends, providing a steady stream of cash to tech conglomerate SoftBank Group Corp, which holds a 67% stake. Founder Masayoshi Son built his fortune by breaking into Japan's telecoms market but his reputation... Source: https://www.cnbc.com/2020/02/07/reuters-america-update-1-japanese-telco-softbank-posts-15-percent-rise-in-q3-profit-hikes-full-year-forecast.html |
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