Business
HYBE: Revenue up 37.8% YoY, but operating profit and net income turned negative amid higher costs
HYBE: Revenue up 37.8% YoY, but operating profit and net income turned negative amid higher costs
About this update from Hybe Co., Ltd.
Revenue grew 37.8% year-over-year to ₩727.2 billion, led by concerts and merchandise, but operating and net income turned negative due to higher costs. New artist launches and global projects drove strong engagement, while Weverse platform metrics remained stable.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.