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Posted by Susan-Han Wednesday, August 2, 2023

SM Entertainment reveals sales and operating profits from Q2 of 2023 + artist comeback/debut lineup for Q3 and Q4

AKP STAFF

On August 2 KST, SM Entertainment published its sales and operating profit data from the second quarter of 2023. 

First, the label recorded a total sales of 239.8 billion KRW (~ $185 million USD) in the second quarter of 2023, a 30% increase from the same quarter in 2022. The label also recorded an operating profit of 35.7 billion KRW (~ $27.5 million USD), an 84% increase from the same quarter last year. The total net profit amount for this quarter was 28.3 billion KRW.

Additionally, the entertainment agency has published its tentative artist comeback/debut lineup for the remainder of 2023, as shown below. 

First, in July, groups EXO and NCT Dream successfully released the full albums 'EXIST' and 'ISTJ' respectively. Next, in August, Girls' Generation's Hyoyeon and aespa plan to release singles - plans which were recently made public. Furthermore, the lineup chart states that NCT will release a full album some time in August.

In September, Super Junior's Yesung, SHINee's Key, and EXO's D.O. are projected to release mini albums, with the new rookie group RIIZE also releasing their debut single. 

Finally, the following artists are projected to have music releases in Q4: TVXQ (full album), Ryeowook (single), Taeyeon (mini album), Taemin (mini album), Minhho (single), Red Velvet (full album), NCT 127 (full album/single), WayV (full album), aespa (mini album/English single), RIIZE (single/single), and NCT Tokyo (single).

Two footnotes at the bottom of the chart indicate, "First half of 2024 debut: New girl group / Virtual IP (Naevis)" and "All items listed above are based on plans as of 23.08.02 and may be changed at a later time." 

  1. aespa
  2. D.O.
  3. Taeyeon
  4. Hyoyeon
  5. NCT
  6. WayV
  7. NCT 127
  8. Red Velvet
  9. RIIZE
  10. Key
  11. Minho
  12. Taemin
  13. Ryeowook
  14. Yesung
  15. TVXQ
  16. Yunho
21 34,023 Share 79% Upvoted
 
NamjoonsBrain
NamjoonsBrain1,836 pts Wednesday, August 2, 2023 0
Wednesday, August 2, 2023

Super excited for some of these!

I just know Key and Taemin are gonna blow me away with whatever they're planning.

And finally a Red Velvet FULL ALBUM🥹

26 (+26 / -0)
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dmaynel123
dmaynel1236,068 pts Wednesday, August 2, 2023 0
Wednesday, August 2, 2023

Red Velvet full album?!?!? Take my money SM, now matter how much I hate your current management

17 (+18 / -1)
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