SM Entertainment: Revenue up 3% to KRW 989.7B, but net income fell to KRW 8.2B amid higher expenses

About this update from Sm Entertainment Co. Ltd.

FY2024 revenue rose 3% to KRW 989.7B, led by entertainment and concert/MD sales, but net income dropped sharply to KRW 8.2B due to higher non-operating expenses and impairments. The company maintained strong liquidity and continued global expansion, with Kakao as the major shareholder.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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