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[theqoo] HYBE'S SUBSIDIARY'S PERFORMANCE IN 2023

HYBE America
Sales KRW 226.3 billion
Net profit -142.4 billion
Weverse Company
Sales KRW 337.9 billion
Net profit -4.4 billion
Big Hit Music
Sales KRW 552.3 billion
Net profit KRW 140.3 billion
HYBE JAPAN
Sales KRW 504.2 billion
Net profit 49.8 billion
Pledis Entertainment
Sales KRW 327.1 billion
Net profit 60.2 billion
HYBE UMG LLC (management agency)
Sales 1 billion
Net profit -23.4 billion
Source Music
Sales 61.1 billion won
Net profit 12.1 billion
ADOR
Sales KRW 110.2 billion
Net profit KRW 26.5 billion
KOZ
Sales 19.4 billion
Net profit -7.4 billion
HYBE LABELS JAPAN
Sales 13.8 billion
Net profit -8.7 billion
HYBE Holdings (holding company)
Sales 1 billion
Net profit -8.2 billion
HYBE IM (game software development and supply)
Sales 30.8 billion
Net profit -20.9 billion
Weverse America
Sales KRW 17 billion
Net profit -1.9 billion
Webverse Japan
Sales KRW 62.7 billion
Net profit 4.5 billion
Supertone (app software development and supply)
Sales 2.3 billion
Net profit -6.6 billion
Binary Korea (system software development and supply) 
Sales 0
Net profit -3.8 billion
XING CAN SHENG SHI (management agency)
Sales 3 billion
Net profit -300 million
source: here
1. That game… 
2. So there are barely any profitable labels?
3. Big Hit’s profit is almost half of their total profit..
4. There are barely any profits
5. In reality, they still live off Bangtan..
6. Why are Weverse’s numbers so bad?
7. Why is Hybe America like that?
8. I wonder what made Hybe Japan gain profit like that?
9. Half of the companies are in the minus 
10. What’s the point of developing that game?

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