“Hybe posts record quarterly results as BTS tour lifts revenue”

Key points

• Hybe posted record third-quarter revenue of 1.53 trillion won, up 109.8% year-on-year.
• Operating profit swung to 188.5 billion won from a 42.2 billion won loss a year earlier.
• Net profit rose to 11.3 billion won, marking the highest quarterly figures in Hybe history.
• Concert sales totaled 726.8 billion won, with BTS shows drawing up to 70,000 fans per show.
• Hybe aims to surpass 4 trillion won in annual revenue as nine-month revenue nears the milestone.