HYBE Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 02:18 am EST
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HYBE Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was KRW 537,859.34 million compared to KRW 445,499.47 million a year ago. Net income was KRW 102,684.91 million compared to KRW 89,574.92 million a year ago. Basic earnings per share from continuing operations was KRW 2,465 compared to KRW 2,166 a year ago. Diluted earnings per share from continuing operations was KRW 2,464 compared to KRW 2,166 a year ago. Basic earnings per share was KRW 2,465 compared to KRW 2,166 a year ago. Diluted earnings per share was KRW 2,464.
For the nine months, sales was KRW 834.82 million compared to KRW 414.16 million a year ago. Net income was KRW 244,317.35 million compared to KRW 219,817.63 million a year ago. Basic earnings per share from continuing operations was KRW 5,881 compared to KRW 5,316 a year ago. Diluted earnings per share from continuing operations was KRW 5,879 compared to KRW 5,314 a year ago. Basic earnings per share was KRW 5,881 compared to KRW 5,316 a year ago. Diluted earnings per share was KRW 5,879 compared to KRW 5,314 a year ago.
Hybe Co Ltd, formerly Big Hit Entertainment Co Ltd, is a Korea-based company mainly engaged in the business of fostering artists and producing music. The Company is engaged in businesses such as fostering artists, producing music, planning and acting on behalf of performances, distribution of albums and sound sources, production and distribution of video contents, and advertising agency. The Company is also engaged in the development and distribution of artist-based secondary contents such as merchandising (MD), characters, and publications. In addition, the Company also engaged in the software publishing business, food and drink products manufacturing business, and others. The Company sells products in domestic and overseas markets such as the United States and Japan.
HYBE CO., LTD. 
