2019 Net Profits of Big Hit, SM, JYP, and YG

2019 Net Profits of Big Hit, SM, JYP, and YG

Sales

SM: 658 billion won (~$554 million USD)
Big Hit: 588 billion won (~$495 million USD)
YG: 265 billion won (~$223 million USD)
JYP: 155 billion won (~$130 million USD)

Business Profits

Big Hit: 98 billion won (~$83 million USD)
JYP: 43 billion won (~$36 million USD)
SM: 40 billion won (~$34 million USD)
YG: 2 billion won (~$1.7 million USD)

And although Big Hit didn’t release their number for net profits, it’s been estimated that they made the largest net profits in 2019 followed by JYP, SM, and YG.

Net Profits

Big Hit: 79 billion won (~$67 million USD) – Profit
JYP: 32 billion won (~$26 million USD) – Profit
SM: 16 billion won (~$14 million USD) – Deficit
YG: 25 billion won (~$21 million USD) – Deficit

original post: theqoo

1. Why is SM in deficit?

2. I can’t imagine Big Hit earning 79 billion won just by BTS members

3. The pros and cons of promoting in the US are huge. Last year, SM was in deficit due to NCT and SuperM’s promotional expenses..

4. BTS is amazing…

5. I’m not surprised that YG is in deficit, but why is SM in deficit? I think SM has ghost companies

6. JYP is really good at business… Their revenue is not high, but net profit is good.

7. YG should leave BIG 3

8. I heard that BLACKPINK World Tour is the most successful concert tour by a Korean girl group in history… This couldn’t save YG..?

9. SM should focus on their artists instead of on pointless business

10. Big Hit and JYP are good companies

Categories: Theqoo