JYP Entertaiment Investor Relations (2018.08.14 at 3 pm. in Yeouido, Korea)
Company Site (Click)
1. Maintain steady growth from major artists and qualitative growth of sales
> Sales: W31.5bn (+ 10.6% YoY)
> Operating profit: W9bn (+ 30.9% YoY)
> Net profit: W7.3bn (+ 7.6% YoY)
> Rapid sales growth of music/concert and overseas sales: Music (41.2% YoY), performances (52.3% YoY), China related region (YoY +23.8%), other region (YoY +57.1%)
2. 1H Sales by Business Sectors (Previous Year -> Current Year)
> Music/Sound : 7.5 billion -> 10.6 billion
> Concert: 4.65 billion -> 7.09 billion
> Others: 7.62 billion -> 6.7 billion (YouTube 2.0 billion in the previous full year -> 1.9 billion in the 1H of 2018)
3. 1H Sales by Region (Previous Year -> Current Year)
> Domestic: 17.7 billion -> 18.9 billion
> Japan: 5.33 billion -> 4.99 billion
> Greater China: 2.76 billion -> 3.42 billion
> Others Overseas: 2.67 billion -> 4.2 billion (Got7 YouTube views rapidly grows Thailand, USA and Latin America)
Bloomberg Quote
Impression
> Boystory, China's localized children debut (cooperated with Tencent)
> Boystory Youtube (Click)
> Providing content to YouTube via the MCPA established by 7 Korean Entertaiment companies will result in increased sales due to increased bargaining power.
> Focus on music business. There are no political moves like SM Entertaiment group. It is good strategy establish joint venture with Tencent in China. JYP Ent. is the only company choosed joint venture strategy to enter Chinese market among 3 big Entertaiment companies. No matters what others say, winning in the Chinese market is the best strategy for Asian company.
#askajumma #Wonderful #JYP #K-Pop
If you want to find out more information or any help about Korea, please visit our Foriengers Asked Questions ("FAQ") site.
www.faqfriend.com
www.facebook.com/kimchingoo
http://pf.kakao.com/_xbxhTuC
Company Site (Click)
1. Maintain steady growth from major artists and qualitative growth of sales
> Sales: W31.5bn (+ 10.6% YoY)
> Operating profit: W9bn (+ 30.9% YoY)
> Net profit: W7.3bn (+ 7.6% YoY)
> Rapid sales growth of music/concert and overseas sales: Music (41.2% YoY), performances (52.3% YoY), China related region (YoY +23.8%), other region (YoY +57.1%)
2. 1H Sales by Business Sectors (Previous Year -> Current Year)
> Music/Sound : 7.5 billion -> 10.6 billion
> Concert: 4.65 billion -> 7.09 billion
> Others: 7.62 billion -> 6.7 billion (YouTube 2.0 billion in the previous full year -> 1.9 billion in the 1H of 2018)
3. 1H Sales by Region (Previous Year -> Current Year)
> Domestic: 17.7 billion -> 18.9 billion
> Japan: 5.33 billion -> 4.99 billion
> Greater China: 2.76 billion -> 3.42 billion
> Others Overseas: 2.67 billion -> 4.2 billion (Got7 YouTube views rapidly grows Thailand, USA and Latin America)
Bloomberg Quote
Impression
> Boystory, China's localized children debut (cooperated with Tencent)
> Boystory Youtube (Click)
> Providing content to YouTube via the MCPA established by 7 Korean Entertaiment companies will result in increased sales due to increased bargaining power.
> Focus on music business. There are no political moves like SM Entertaiment group. It is good strategy establish joint venture with Tencent in China. JYP Ent. is the only company choosed joint venture strategy to enter Chinese market among 3 big Entertaiment companies. No matters what others say, winning in the Chinese market is the best strategy for Asian company.
#askajumma #Wonderful #JYP #K-Pop
If you want to find out more information or any help about Korea, please visit our Foriengers Asked Questions ("FAQ") site.
www.faqfriend.com
www.facebook.com/kimchingoo
http://pf.kakao.com/_xbxhTuC
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