SM Entertainment "Operating Profit of 199 Billion Won This Year... Expected to Surpass 1 Trillion Won in Sales in 2025"

by Hwang Yoonju

Published 21 Feb.2023 09:09(KST)

[Asia Economy Reporter Hwang Yoon-joo] SM Entertainment announced on the 21st in its earnings forecast (fair disclosure) that its operating profit for this year is expected to be 199 billion KRW, and sales are expected to be 710.7 billion KRW.

Operating profits for 2024 and 2025 are projected to be 312.6 billion KRW and 429.6 billion KRW, respectively. Sales during the same period are forecasted to be 976.8 billion KRW and 1.2274 trillion KRW, respectively.