Hive is initiating an audit of the management of Adore, a subsidiary to which the group NewJeans belongs, leading to conflicts. The photo shows the Hive headquarters in Yongsan. Photo by Jo Yongjun jun21@

Hive is initiating an audit of the management of Adore, a subsidiary to which the group NewJeans belongs, leading to conflicts. The photo shows the Hive headquarters in Yongsan. Photo by Jo Yongjun jun21@

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HYBE announced on the 2nd that it recorded consolidated sales of 360.9 billion KRW and an operating profit of 14.4 billion KRW in the first quarter of this year. These figures represent a decrease of 12% and 73%, respectively, compared to the same period last year.



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