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HYBE Revenue Soars 4%, But Profits Plummet 38%

2/26/2025

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Summary

Story summary

HYBE celebrated a remarkable revenue surge, reaching 2.25 trillion won ($1.58 billion) for fiscal 2024, a 4% rise from the previous year. Yet, operating profit took a hit, plummeting 38% to 184 billion won ($128.7 million) amid BTS's hiatus and bold investments. Hope glimmers for 2025 as analysts foresee a rebound with BTS's return and new growth opportunities.

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Story summary

HYBE celebrated a remarkable revenue surge, reaching 2.25 trillion won ($1.58 billion) for fiscal 2024, a 4% rise from the previous year. Yet, operating profit took a hit, plummeting 38% to 184 billion won ($128.7 million) amid BTS's hiatus and bold investments. Hope glimmers for 2025 as analysts foresee a rebound with BTS's return and new growth opportunities.