8

0

General

JYP Entertainment sees over 30% increase in Q2 operating profit compared to the same period last year

Posted by yckim124764 pts Tuesday, August 14, 2018
misc.
JYP Entertainment saw an increase in operating profit in the second quarter of 2018. 

According to DART on August 14, the 2018 Q2 sales for JYP Entertainment recorded 31.6 billion KRW (28 million USD). This is a 10.6% increase YoY from the company's Q2 in 2017. 

2018's Q2 net profit of 23.5 billion KRW (25.3 million USD) is also a 7.2% increase over Q2 of 2017. As for operating profit, JYP Entertainment recorded 9.06 billion KRW (8 million USD) which is a 30.8% increase YoY from the second quarter of 2017 which recorded 6.9 billion KRW (6.1 million USD).


The continuous success of JYP groups including TWICE, GOT7, and more have played a vital role in the increase. On August 14, JYP Entertainment shares closed at 23,750 KRW ($21), an increase of 3% for the day.
  1. misc.
  2. JYP ENTERTAINMENT
0 14,877 Share 100% Upvoted

allkpop in your Inbox

THE TOP 10 STORIES DELIVERED DAILY
Jeon So Mi
Melomance
Just B
misc.
NCT WISH, SHINee, Key
Seohyun
36 minutes ago      2,021
ATEEZ, RosƩ, Jimin, RM (Rap Monster), Stray Kids
tripleS
Jeon So Mi
ATEEZ
Just B
ASTRO, Moonbin
Jeon So Mi
BTS, Jin
Kwon Eun Bi
New Message

SEND