![A man walks past the headquarters of HYBE, in this undated photo, Seoul. Yonhap](https://newsimg.koreatimes.co.kr/2024/02/26/2c16d835-4141-4beb-9967-1f9ebefb214a.jpg)
A guy strolls past the head office of HYBE, in this undated picture,Seoul Yonhap
HYBE stated Monday its annual sales went beyond 2 trillion won ($ 1.5 billion) in 2023, making it the very first K-pop agency ever before to get to the turning point.
This success comes regardless of the lack of BTS’ team tasks due to participants’ compulsory armed forces solution.
The business associated this success to durable cd and performance sales by its significant musicians, consisting of Seventeen, Tomorrow X Together, NewJeans, Enhypen and BTS participants as musicians.
According to a regulative declaring, the company reported annual earnings of regarding 2.178 trillion won, up 22.6 percent from a year previously. It additionally published 295.8 billion won in operating revenue, up 24.9 percent from the previous year, and a web revenue of 186.6 billion won, a 288.5 percent boost on-year.
HYBE stated earnings with straight musicians participation expanded 51.4 percent to …