HYBE Co., Ltd. (352820.KS) said on Wednesday that it slipped into a loss in the first quarter, compared to last year's profit. Quarterly sales, however, were up 39.5 percent.
The music production and entertainment company reported a net attributable loss of 158.5 billion Korean won in the first quarter of 2026, compared to a net attributable income of 600 million won in the same period last year.
HYBE Co reported pre-tax net loss from continuing operations of 132.6 billion won in the three months, compared to net income of 802 million won in the corresponding quarter a year ago.
During the first quarter, sales, however, climbed 39.5 percent to 698.3 billion won from 500.6 billion won in the year-ago period.
On the KSE, 352820.KS ended Tuesday's trading at 252,500.00 Korean Won, up 1.6 percent.
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