In 2023, South Korean entertainment company HYBE Corporation, formerly known as Big Hit Entertainment, posted a net profit of around 183.5 billion South Korean won. This represents a significant increase compared to the previous year. HYBE undertook several large-scaled projects in 2022, such as debuting two new high-budget girl groups, LE SSERAFIM and NewJeans. Both groups, alongside the older artists in the company, had successful careers in 2023, contributing to a significantly increased net profit.
Net profit of HYBE Co., Ltd. from 2016 to 2023
(in billion South Korean won)
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DART. (March 22, 2024). Net profit of HYBE Co., Ltd. from 2016 to 2023 (in billion South Korean won) [Graph]. In Statista. Retrieved November 09, 2024, from https://www.statista.com/statistics/1276149/big-hit-music-net-profit/
DART. "Net profit of HYBE Co., Ltd. from 2016 to 2023 (in billion South Korean won)." Chart. March 22, 2024. Statista. Accessed November 09, 2024. https://www.statista.com/statistics/1276149/big-hit-music-net-profit/
DART. (2024). Net profit of HYBE Co., Ltd. from 2016 to 2023 (in billion South Korean won). Statista. Statista Inc.. Accessed: November 09, 2024. https://www.statista.com/statistics/1276149/big-hit-music-net-profit/
DART. "Net Profit of Hybe Co., Ltd. from 2016 to 2023 (in Billion South Korean Won)." Statista, Statista Inc., 22 Mar 2024, https://www.statista.com/statistics/1276149/big-hit-music-net-profit/
DART, Net profit of HYBE Co., Ltd. from 2016 to 2023 (in billion South Korean won) Statista, https://www.statista.com/statistics/1276149/big-hit-music-net-profit/ (last visited November 09, 2024)
Net profit of HYBE Co., Ltd. from 2016 to 2023 (in billion South Korean won) [Graph], DART, March 22, 2024. [Online]. Available: https://www.statista.com/statistics/1276149/big-hit-music-net-profit/