SM Entertainment’s Q3 Revenues Fall 9.5% YoY to $205M as Album and Concert Revenue Tumbles
Concert and album sales weakened as the company shifted more acts to overseas shows and market-specific performances, while foreign-exchange losses deepened the quarter.
7 Articles
7 Articles
[OSEN=Reporter Choi Yi-jeong] SM Entertainment (hereinafter SM, Co-CEOs: Jang Cheol-hyeok and Tak Young-jun) announced that it recorded consolidated revenue of 291.1 billion won and an operating profit of 35.5 billion won in the third quarter of this year, and unveiled a powerful artist lineup and global tour to fill the fourth quarter and the first quarter of next year. Through a public disclosure on the 4th, SM Entertainment (Co-CEOs: Jang Che…
연합뉴스-Yonhap News Agency
korean-vibe.com(Seoul = Yonhap News) Reporter Kim Seon-woo = KOSDAQ-listed company SM Entertainment [041510] reported a consolidated operating profit of 35.5 billion won for the third quarter of this year, compared to the same period last year...
[Digital Daily Reporter Cho Eun-byeol] SM Entertainment (hereinafter SM, Co-CEOs: Jang Cheol-hyeok and Tak Young-jun) announced on the 4th that it recorded consolidated revenue of 291.1 billion won and an operating profit of 35.5 billion won in the third quarter of this year. These figures represent a preliminary decrease of 9.5% and 26.4%, respectively, compared to the same period last year. The company turned to a net loss of 1.1 billion won.…
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