HYBE reveals record labels and affiliates that have the highest profits and losses by 2023

It's an annual event at record labels all over the world. Will announce the highest profit and loss within that year within the past year. HYBE Has created and produced many works

There are 5 record labels that will be profitable by 2023.

BIGHIT MUSIC Profit = 3.77 billion baht
Pledis Entertainment Profit = 1.62 billion baht
ADOR profit = 713.7 million baht
SOURCE MUSIC Profit = 322.8 million baht
BELIFT LAB profit = 139.8 million baht

Two record labels will lose money by 2023

HYBE LABELS JAPAN loss = 236 million baht
KOZ entertainment loss = 199 million baht

Other companies in the group that make profits (there are 2 companies)
HYBE JAPAN Profit = 1.1 billion baht
WEVERSE JAPAN Profit = 56.3 million baht

Other companies in the group that lost money (there were 9 companies)

HYBE AMERICA loss = 3.35 billion baht
HYBE UMG loss = 623.3 million baht
HYBE IM Loss = 567.5 million baht
HYBE Holdings Loss =203.6 million baht
Supertone loss = 179.4 million baht
WEVERSE COMPANY loss = 138 million baht
Binary Korea loss = 102.7 million baht
WEVERSE AMERICA loss = 52.2 million baht
XING CAN SHEIN SHI Loss = 980,000 baht

Information from : HYBE Website
https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20240315801175