BigHit Leisure Experiences 214 % Improve In Revenue After BTS’s Document-Breaking 2017

BigHit Leisure has reported a staggering enhance in its earnings after a remarkably profitable yr for BTS!

In accordance with official monetary stories launched on March 22, the company’s complete income in 2017 soared to a formidable 92.4 billion received (roughly $86.9 million), marking a 162 p.c enhance from 2016.

BigHit Leisure additionally recorded working earnings of 32.5 billion received (roughly $30.4 million) and web earnings of 24.6 billion received (roughly $23.1 million) in 2017, having fun with respective will increase of 214 p.c and 173 p.c from the yr earlier than.

Moreover, the company’s belongings elevated by 221 p.c to 61.2 billion received (roughly $57.5 million), whereas its capital rose 160 p.c to 40.5 billion received (roughly $38.1 million).

Sources at BigHit Leisure remarked, “2017 was a yr during which BTS’s home and overseas success translated into monetary outcomes. In each means, we achieved the very best efficiency and progress within the historical past of the corporate since its founding in 2005.”

They went on, “Not solely did we obtain externally seen progress, reminiscent of elevated income, however we additionally noticed qualitative progress by way of diversifying our revenue and income streams, which we predict is encouraging.”

In accordance with Gaon Chart information, BTS’s most up-to-date album “Love Your self: Her” achieved record-breaking gross sales of over 1.49 million copies in 2017. The group’s “2017 BTS Dwell Trilogy Episode III: The Wings Tour” additionally drew a complete of greater than 550,000 concertgoers, proving the idols’ spectacular recognition each in Korea and everywhere in the world.

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