[Asia Economy Reporter Kwon Jae-hee] YG Entertainment announced on the 11th that its consolidated operating profit for the second quarter of this year was tentatively estimated at 9.3 billion KRW, down 10.7% compared to the same period last year.
Sales amounted to 76 billion KRW, a decrease of 9.1% during the same period. Net profit for the period turned positive at 8.6 billion KRW.
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