Hybe posts record Q1 on BTS comeback, rookie momentum

Hybe logged its strongest first-quarter performance on record, with consolidated revenue approaching 700 billion won ($490 million) driven by BTS's full-group return and accelerating sales from newer acts including Katseye and Cortis, the K-pop powerhouse said Wednesday. Revenue for the January-March period reached 698.3 billion won, up 40 percent from 500.6 billion won a year earlier. Adjusted operating profit — which strips out a one-time, non-cash accounting charge — came in at 58.5 billion w

By The Korea Herald