SM Entertainment’s 99% Decline In Net Profit Shocks Netizens
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SM Entertainment’s latest financial report has stunned netizens as the company revealed a drastic drop in its net profit. According to Herald Corp, SM’s operating profit for last year stood at approximately ₩87.5 billion KRW (about $60.1 million USD), reflecting a 22.8% decrease from the previous year. Meanwhile, the company’s total revenue saw a modest…
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