RBW Reports Operating Profit of 9.57 Billion KRW Last Year, Up 26% Year-on-Year
[Asia Economy Reporter Myunghwan Lee] RBW announced on the 16th that its consolidated annual operating profit for last year was 9.577 billion KRW, an increase of 25.58% compared to the previous year.
During the same period, sales revenue rose 59.94% to 59.62 billion KRW, and net profit for the period increased 112.28% to 7.894 billion KRW.
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RBW explained that the increases in sales revenue, operating profit, and net profit were due to continuous sales growth in its existing music/audio content business and business expansion through acquisitions of affiliates.
This content was produced with the assistance of AI translation services.
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