SM Entertainment Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was KRW 1,797.57 million compared to KRW 464.88 million a year ago. Net income was KRW 21,343.56 million compared to KRW 27,586.14 million a year ago.

Basic earnings per share from continuing operations was KRW 905 compared to KRW 1,175 a year ago. Basic earnings per share was KRW 905 compared to KRW 1,175 a year ago.