YG Entertainment's first quarter earnings for 2013 revealed

YG Entertainment first quarter earnings for 2013 was revealed. 

The business profit of YG Entertainment for the first quarter of 2013 was 6,292,000,000 KRW (approximately $5.6 million USD). Compared to last year, it is more than a 44.3% increase over the same period. Their total sales came in at 29,086,400,000 KRW (approximately $25.8 million USD), and their net profit added up to 4,164,000,000 KRW (approximately $3.7 million USD).

YG Entertainment explained, "Our artists' overseas tours and concerts are the huge contributors for the increase because their royalties and sales increased."

written by: loveluytakyo@dkpopnews.net

SOURCE:  bigbangupdates