SM Entertainment: Revenue up 20.6% YoY, but net profit down 85.5% due to prior-year one-offs and tax

About this update from Sm Entertainment Co. Ltd.

Revenue rose 20.6% YoY to KRW 279.1bn, led by concerts and subsidiary growth, while net profit fell 85.5% due to a high base effect and tax. Major subsidiaries turned profitable, and upcoming tours and releases are expected to support future growth.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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