On the 10th, SM Entertainment announced that its consolidated operating profit for last year was 87,535,080,000 KRW, a 22.8% decrease from the previous year.
During the same period, revenue increased by 3% to 989,925,80,000 KRW.
However, net profit decreased by 99.4% to 465,070,000 KRW.
-Is it because NCT members are going to the military?
-Huh? The company's situation is really bad...
-They must have made a lot of investments.
-Is this even possible?
-Is it really possible for a company's net profit to decrease by 99.4%?
-Weren’t they super active last year?ㅋㅋㅋ How is net profit only 400 million KRW… What did they spend their money on?
-Was there any issue last year?
-Wait, is this real and not an error?
-Where did all their money go?
-Isn't it an error? Didn’t SM artists do really well last year?
-Did they not do enough tours...? They seemed to be doing well last year, though. Where did they spend their money on?
-This is even worse than HYBEㅋㅋㅋ
-400 million KRW?? Not even 4 billion KRW???
-SM seems to be constantly releasing stuff non-stop, and yet they only made 400 million KRW????
-Didn’t Aespa and RIIZE do well last year?
