JYP Entertainment�saw an increase in operating profit in the second quarter of 2018.�
According to DART on August 14, the 2018 Q2 sales for JYP Entertainment recorded 31.6 billion KRW (28 million USD). This is a�10.6% increase YoY from the company's Q2 in 2017.�
2018's Q2 net profit of 23.5 billion KRW (25.3 million USD) is also a 7.2% increase over Q2 of 2017.�As for operating profit, JYP Entertainment recorded 9.06 billion KRW (8 million USD) which is a 30.8% increase YoY from the second quarter of 2017 which recorded 6.9 billion KRW (6.1 million USD).
The continuous�success of JYP groups including TWICE, GOT7, and more have played a vital role in the increase.�On August 14, JYP Entertainment shares closed at 23,750 KRW ($21), an increase of 3% for the day.
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