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HYBE remains in red in Q4

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An exterior view of the main building of HYBE is seen in this photo, Seoul, Feb. 10, 2023. Yonhap

An exterior view of the main building of HYBE is seen in this photo, Seoul, Feb. 10, 2023. Yonhap

HYBE on Monday reported its fourth-quarter net loss of 53.6 billion won ($40.2 million), remaining in the red compared with a year ago.

Operating profit for the October-December 2023 period was 89.3 billion won, up 75.4 percent from a year ago, the company said in a regulatory filing. Sales rose 14.1 percent to 608.6 billion won. (Yonhap)



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