The Japanese soft bank group announced that operating profit in the third quarter decreased by 99%, lowering analysts' estimates due to losses in the $ 100 billion vision fund. < / p>
According to Reuters, the Vision Fund had operating losses of 225 billion yen ($ 2.05 billion) in the third quarter, compared to a profit of 176 billion yen a year earlier.
Profits of the group as a whole were 2.6 billion yen from October to December, compared to 438 billion a year earlier, according to the company that invests in technology in a stock exchange disclosure.
The average forecast of three analysts in a survey conducted by Refinitiv recorded a profit of 345 billion yen.
The Ruya Fund said it had invested $ 74.6 billion in 88 companies as of the end of December, and that the investment had reached $ 79.8 billion at the end of the year.
