HYBE posts 42.2 billion won operating loss in Q3, returns to deficit

HYBE swung to an operating loss of about 42.2 billion won in the third quarter this year.

HYBE disclosed on the 10th that, on a consolidation basis, third-quarter revenue came to 727.181 billion won and operating loss was 42.198 billion won. Revenue rose 37.8% from the same period a year earlier, but the company posted an operating loss.

Net loss also swung to a deficit of 52.033 billion won.