Big Hit Entertainment has recorded an increase to its 3rd-quarter earnings.
According to the label, they recorded 190 billion KRW (~171.5 Million USD) in sales, 40 billion KRW in business profits, and revenue of 27.2 billion KRW (~24.56 Million USD). This is a jump of 54%, 73%, and 92% from the same period as last year, respectively. Compared to the 2nd quarter in 2020, it's an increase of 22%, 38%, and 51%, respectively.
Big Hit Entertainment said, "The album sales were solid, and MD sales increased steadily. The acquiring of Pledis Entertainment helped in the profits of our 3rd quarter."
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Very thankful that BigHit acquired Pledis, Kinda sad that Pristin disbanded already though :'(
But still SVT and NUEST looks happy now
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