Softbank corrects its results following unexpected losses

The divergent results mainly arises from the worse than expected results of Softbank's subsidiaries. Koma, purchased from Prokom last year, posted a net profit of zl.1.8 million instead of an expected zl.4.7 million and Gladstone Limited, a consulting services company registered in Cyprus, incurred a net loss of zl.2.8 million instead of a forecasted profit of zl.9 million. The results of Incentia, the outsourcing services provider also bought from Prokom, which posted a net profit of zl.1.9 million were in line with projections. Softbank will pay out 30% of its profit (almost zl.16.1 million) in dividends. (Parkiet, p. 8) E.B.