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Big Hit Entertainment 2020 net profit up 19.1 pct. to 86.2 bln won

Economy 15:34 February 23, 2021

SEOUL, Feb. 23 (Yonhap) -- Big Hit Entertainment Co. on Tuesday reported its 2020 net income of 86.2 billion won (US$77.6 million), up 19.1 percent from a year earlier.

Operating income for the year was 142.4 billion won, up 44.3 percent from the previous year, the company said in a regulatory filing. Annual revenue rose 35.6 percent to 796.3 billion won.
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