HYBE Reports Second Quarter 2022 Financial Statement


HYBE recently revealed its financial results for the second quarter of 2022.

Recently, this one was revealed, along with those from SM Entertainment and JYP Entertainment, and so we find out what the agency’s second quarter has yielded.

It was the DigitalToday media that revealed the figures in question concerning HYBE.

During the second quarter of 2022, the sales recorded by the agency amounted to 512.2 billion won (about 383 million euros).

This is a clear increase of 83.8% compared to the same period last year.

The profits made by HYBE during the second quarter of 2022 amount to 88.3 billion won (about 66 million euros).

This is a huge increase, since it is an increase of 215.3% compared to the second quarter of 2021.

Finally, HYBE’s net profit for this second quarter of 2022 is 93 billion won (around 69.5 million euros).

This represents an increase of 138.2% compared to the same period last year.

Source: digitaltoday


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