The South Korean entertainment company behind BTS enjoyed major gains in 2018, thanks in part to their world-famous boy band.
On Tuesday (March 19), Big Hit Entertainment revealed that it had nearly doubled its operating profit in 2018 versus the prior year, to 64.1 billion Korean won ($56.72 million). Operating profit was up 97% percent from 2017.
The company also posted revenue of 214 billion KRW ($189.38 million), a 132% on-year gain. Big Hit’s 2018 net income was 50.2 billion KRW ($44.41 million), up 105% year-on-year.