[theqoo] HYBE'S SUBSIDIARY'S PERFORMANCE IN 2023

HYBE America

Sales KRW 226.3 billion

Net profit -142.4 billion

Weverse Company

Sales KRW 337.9 billion

Net profit -4.4 billion

Big Hit Music

Sales KRW 552.3 billion

Net profit KRW 140.3 billion

HYBE JAPAN

Sales KRW 504.2 billion

Net profit 49.8 billion

Pledis Entertainment

Sales KRW 327.1 billion

Net profit 60.2 billion

HYBE UMG LLC (management agency)

Sales 1 billion

Net profit -23.4 billion

Source Music

Sales 61.1 billion won

Net profit 12.1 billion

ADOR

Sales KRW 110.2 billion

Net profit KRW 26.5 billion

KOZ

Sales 19.4 billion

Net profit -7.4 billion

HYBE LABELS JAPAN

Sales 13.8 billion

Net profit -8.7 billion

HYBE Holdings (holding company)

Sales 1 billion

Net profit -8.2 billion

HYBE IM (game software development and supply)

Sales 30.8 billion

Net profit -20.9 billion

Weverse America

Sales KRW 17 billion

Net profit -1.9 billion

Webverse Japan

Sales KRW 62.7 billion

Net profit 4.5 billion

Supertone (app software development and supply)

Sales 2.3 billion

Net profit -6.6 billion

Binary Korea (system software development and supply) 

Sales 0

Net profit -3.8 billion

XING CAN SHENG SHI (management agency)

Sales 3 billion

Net profit -300 million

source: here

1. That game... 

2. So there are barely any profitable labels?

3. Big Hit's profit is almost half of their total profit..

4. There are barely any profits

5. In reality, they still live off Bangtan..

6. Why are Weverse's numbers so bad?

7. Why is Hybe America like that?

8. I wonder what made Hybe Japan gain profit like that?

9. Half of the companies are in the minus 

10. What's the point of developing that game?

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