Story thread · 2 reports / 2 sources

JYP Entertainment reports 15% revenue dip between Stray Kids’ tours

iq-mag.net · 2hShare

K-Pop production company JYP Entertainment has reported a 15.1% dip in year-on-year revenue, which it blamed on the timing of key tours, as a second member of flagship band TWICE also announced her departure from the company. In its second quarter results, the company revealed revenue for the period of ₩183.1 billion, a year-on-year drop of 15.1%, and an operating profit of ₩31 billion, a 41.4% fall compared to the same period last year. It attributed the drop to the “high base” of Stray Kids’… Continue reading on IQ Magazine The post JYP Entertainment reports 15% revenue dip between Stray Kids’ tours appeared first on IQ Magazine .

First report: JYP Entertainment’s Q2 revenues fell 15.1% YoY, net profit down 40.3%, in the gap between Stray Kids’ world tours — musicbusinessworldwide.com, 1d