[Click eStock] "YG Entertainment, Anticipated Next Year"

Daishin Securities analyzed on the 12th that YG Entertainment's third-quarter performance this year exceeded market expectations.

YG Entertainment recorded sales of 83.5 billion KRW and an operating loss of 3.6 billion KRW in the third quarter of this year. Compared to the same period last year, sales decreased by 42%, and operating profit turned into a loss.

Im Sujin, a researcher at Daishin Securities, explained, "The operating loss was recorded due to a decrease in core business performance caused by the activity hiatus in the third quarter and the evaluation loss on investment products of subsidiaries. The third-quarter results exceeded market expectations as the production costs for Baby Monster's album, which were expected to be reflected in the third quarter, were instead accounted for in the fourth quarter."

She continued, "In the fourth quarter, Baby Monster's album sales are expected to be about 1 million copies," adding, "Related sales are also expected to perform well due to the pop-up store and light stick release."

She analyzed, "Although activities were limited this year with two album releases and fan meetings for Baby Monster and concerts for Treasure, diverse activities are expected next year," and "Baby Monster and Treasure will start their world tours in the first half of next year." Additionally, she predicted, "In the second half of the year, BLACKPINK will make a full-group comeback and start a large-scale world tour."