[Breaking] SM Entertainment Reports 15.5 Billion KRW Operating Profit in 1Q, Down 14.9% YoY
![[Breaking] SM Entertainment Reports 15.5 Billion KRW Operating Profit in 1Q, Down 14.9% YoY](http://www.asiae.co.kr/news/img_view.htm?img=2024020716221658550_1707290535.png)
SM Entertainment announced on the 8th that it recorded consolidated sales of 220.1 billion KRW and an operating profit of 15.5 billion KRW for the first quarter of this year. Sales increased by 7.9% compared to the same period last year, while operating profit decreased by 14.9%.
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