JYP Entertainment Reveals 2022 Second Quarter Financial Statement


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

This August 17, it was revealed, along with that of SM Entertainment, and we therefore discover what the second quarter of the agency has given.

It is the media Chosun Biz and MK sports that today reveal the figures in question concerning JYP Entertainment.

During the second quarter of 2022, the sales recorded by the agency amounted to 67.7 billion won (about 50.7 million euros).

This is a nice increase of 67.1% compared to the same period last year.

The profits made by JYP Entertainment during the second quarter of 2022 amounted to 24.2 billion won (about 18.1 million euros).

Again, this is a very clear increase, an increase of 152.9% compared to the second quarter of 2021.

If sales have seriously increased to allow such figures, it is mainly the tours of TWICE and Stray Kids that have brought JYP Entertainment to such an improvement.

The agency is hoping for continuity, which should be confirmed in its third quarter balance sheet, which will fall in a few months.

Sources: Chosunbiz, mksports


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