JYPE's results are out. In the format of the OP:
Sales: 215.8 billion KRW
Operating profit: 52.9 billion KRW
I've expected JYP to have healthiest finances once again. Good job by them.
[theqoo] SM, YG, and HYBE 2nd quarter financial results are out
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SM
Sales: 302.9 billion KRW
Operating profit: 47.6 billion KRW
Net profit: 30.9 billion KRW (~22.23M USD)
Sales: 100.4 billion KRW
Operating profit: 8.4 billion KRW
Net profit: 11.2 billion KRW (~8.05M USD)
Sales: 705.7 billion KRW
Operating profit: 65.9 billion KRW
Net profit: 15.5 billion KRW (~11.5M USD)
JYPE
Sales: 215.8 billion KRW
Operating profit: 52.9 billion KRW
Net profit: 36.3 billion KRW. (~26.3M USD)
All I have to say is what is Hybe doing?? I'm glad they're being investigated because even I'm curious what's going on.
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that can be somewhat easy to explain considering hybe has 37472837 groups and a lot of them are new -> higher investment -> higher operating costs -> lower net profit margin despite gazilions in revenue.
same industry different business approach. Sm debuts new groups once every olympics whereas the e in hybe stands for expansion
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that can be somewhat easy to explain considering Hybe has 37472837 groups and a lot of them are new -> higher investment -> higher operating costs -> lower net profit margin despite gazillions in revenue.
Same industry different business approach. Sm debuts new groups once every Olympics whereas the e in hybe stands for expansion
That, and there is an article assessment how it looks like its retained earnings are low due to dividends.
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