They keep attributing the losses to one-time expenses such as debuting new idols, and now, restructuring Hybe America, but the low profitability, to outright losses has been going on for a few quarters now. The tax bureau 4 investigation is bound to find something, right?
Operating profit: -42.198B
Net profit: -52.033B
"This operating loss differed significantly from the market forecast (operating profit of 34.3 billion won) compiled by Yonhap Infomax."
How much did they pay the judges, and media play to lose this much money 🤔