TN Entertainment Reports 3.38 Billion Won Operating Profit Last Year, Down 65.2% Year-on-Year
TN Entertainment announced on January 30 that its standalone operating profit for the previous year was 3.37804 billion won, a decrease of 65.2% compared to the previous year. Revenue was 117.98635 billion won, down 17.5% year-on-year.
Net profit for the period was 868.08 million won, a decrease of 60.4% compared to the previous year.
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The company stated, "Revenue decreased due to changes in the economic cycle and business environment, which in turn led to a decline in operating profit."
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