YG Entertainment Reports Operating Profit of 6.1 Billion KRW in Q1, Down 36% YoY
[Asia Economy Reporter Lim Chunhan] YG Entertainment announced on the 11th that its consolidated operating profit for the first quarter of this year was tentatively estimated at 6.1 billion KRW, a 36% decrease compared to the same period last year.
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Sales amounted to 75.5 billion KRW, down 22.2% year-on-year. Net profit decreased by 32.6% to 5.8 billion KRW.
This content was produced with the assistance of AI translation services.
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