SM Entertainment has reported a sharp increase in earnings.
According to statistics presented by The Korea Economic Daily, in collaboration with Think Pool, SM Entertainment has reported a rise in profits for Q4, totaling up to 152 million KRW (~152 million USD). This amount has been proven to be a 307.8% increase compared to the same term previous year.
Compared to the profit increase of the previous year, the total sales figures had risen by 45.9%, totaling up to 2.085 billion KRW. As shown in the graph below, the red dotted line hikes upwards most prominently at the end, during the Q4 (September 2018 to December).
The grey vertical bars represent the total gross, the red dotted line represents the business profits, and the grey dotted line represents the net profit over the indicated term. The 'x-line' numbers signify the periods: December, March 2016, June, September....all the way to December 2018, while the 'y-line' figures signify the KRW figures, all in millions.
Furthermore, SM Entertainment has shown a high rate of profit growth (307.8%) compared to other rival companies, as the second column (in the chart below) represents the comparisons between the growth percentage from the previous year among similar companies.
In the first column, which represents the comparisons of total gross amount, SM Entertainment shows an intermediate level of growth compared to other countries, with a 45.9% increase. In the third column, which represents the net profit increase/decrease over the Q term, SM boasts a return to profit, while companies such as CJ ENM or Studio Dragon has seen a decrease.