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YG Entertainment’s operating loss in the second quarter was 11 billion won… conversion of deficit

YG Entertainment

[YG엔터테인먼트 제공. 재판매 및 DB 금지]

(Seoul = Yonhap News) YG Entertainment, a KOSDAQ-listed company[122870]announced on the 9th that its operating loss in the second quarter of this year on a consolidated basis was provisionally estimated at 11 billion won, a loss compared with the same period last year (operating profit of 28.9 billion won).

This operating loss differed significantly from the market forecast compiled by Yonhap Infomax (operating profit of 260 million won).

Sales amounted to 90 billion won, a decrease of 43.1% compared to the same period last year. The net loss was 340 million won, turning into a deficit.

stock_news@yna.co.kr

Report via KakaoTalk okjebo

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2024/08/09 13:54 Sent

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