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"SISTAR raises LOEN's operating profit by 87% after the acquisition of Starship Ent"


Hyolicious

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Top Music companys stock price as of 08/25/2014 in KRW (Won).


 


CJ E&M (plus all that they are incolved in) 47,800


YG Ent. (with LV investment their price had jumped to over 50,000 but went back down) 46,950


Loen Ent. (Starship,LoenTree,Melon etc) 42,200


SM Ent. (and its subsidiaries) 40,350


JYP Ent 4,740


IHQ (owns part of Cube Ent/ all of it) 2,260


According to this article, Loen's second quarter operating profit had a record increase of 87% compared to the same time last year coming in at 14.9 billion won which is apporximately 14,591,421 million USD. Of course it's not all Starship but they contributed i bet. Also they expect even better third quarter results (Sistar comeback hasn't been added in yet nor TMB or I Swear). Also melon plays the biggest part in it. Compared to last year same time, Loen shares were at 12,000 KRW to 13,000 KRW. The share price has kept increasing since acquiring 70% in Starship Ent and hit 30,000 earlier this year for the first time and breaking new records by hitting 40,000+. 


 


Translated by @jadakiss13 (tahnks gurl <3)


 


Read more @http://m.news.naver.com/read.nhn?mode=LSD&mid=sec&sid1=105&oid=029&aid=0002238788


 


 


#SLAYSTAR


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Really?

No of course not. The title is just for fun. However there share price did raise after acquiring Starship ent. Same time last year their share price was at 12,000Won to 13,000 won. After the Starship acquisition (70%) it hit 30,000 for the first time and has gone up to 40,000. (they also have leontree (IU) and collabardi (i think that's the name). Plus Melon which is their biggest money maker).

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No of course not. The title is just for fun. However there share price did raise after acquiring Starship ent. Same time last year their share price was at 12,000Won to 13,000 won. After the Starship acquisition (70%) it hit 30,000 for the first time and has gone up to 40,000.

tumblr_naq5jfj5AC1smk4f8o6_400.gif

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