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Big Hit's 2018 business results.


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Big Hit's 2018 business results.

 

Revenue â‚© 214.2B

Operating profit â‚© 64.1B

Net profit â‚© 52.2B

 

Compared to 2017,

Revenue: increased by 132%

Operating profit: increased by 97%

Net profit: increased by 105%

 

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I can't undeestand where they get this info if Big Hit is a private company thus they don't publish their financial reports.

 

What is credibility of this info?

Because BH reported it themselves, the article has a statememt from them.

 

Sent from my SM-G930F using OneHallyu mobile app

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I can't undeestand where they get this info if Big Hit is a private company thus they don't publish their financial reports.

What is credibility of this info?

As I have understood since they’re thinking of going public they are reporting their financial statements privately or something like that.

 

 

I’m still shocked at the amount of money bts brings in

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As I have understood since they’re thinking of going public they are reporting their financial statements privately or something like that.

I’m still shocked at the amount of money bts brings in

Thanks!

Because BH reported it themselves, the article has a statememt from them.

Sent from my SM-G930F using OneHallyu mobile app

Do you speak Korean?!

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Thanks!

 

Do you speak Korean?!

No but the google translate was clear enough with the "Big Hit rep stated"
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To think bighit was in serious bankruptcy and owned a lot of debts a couple of years back and it’s thanks to bts that pulled them out of the situation really blows my mind. That’s why bighit treats bts fairly and with respect. Both bighit and bts were destined to be with each other lol

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I'm still surprised they are still a private company and haven't gone public.

There were rumours that they’re going public and are waiting to file an ipo. Not sure how true it is but if I was the ceo or bighit I would seriously consider thinking of going public by this yr. better late than never

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imagine the profit when txt rlly kicks off wew. big hit rlly going to be the big 1 in a year or two if they continue at this trajectory

 

It probably won't be as huge increase in profit as you think because when BTS new contract comes to an effect BigHit is definitely gonna get much smaller share of profits than they been getting in the past.

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Have the rest of Kpop companies released their 2018 annual reports yet?

I'd like to see the comparison for research purpose ilikeitplz.png

 

CJ ENM: Revenue 4,357.6B, Operating Profit: 315B, Net profit: 228.3B, operating margins: 7%

 

SM: Revenue: 612B, Operating profit : 47.7B, net profit 23.4B, operating margins: 7.8%

 

JYP: Revenue 124.8B , Operating Profit: 28.7B, net profit 24B, operating margins 23%

 

YG: Haven't seen their information yet.

 

Cube: Revenue: 35.8B, Operating Profit 1.9B, net profit: 1B, operating margins: 5%

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