SM Entertainment posted an operating income/profit of 3.8 billion won—3,836,522,000 won to be exact—or equivalent to US$3.07 million for the first half of 2009.
The financial papers covering the period January 1 to June 30, 2009 were filed by SM Entertainment on August 14 via electronic disclosure system.
According to the report, SM Entertainment earned 29.89 billion won—-29,893,329,000 won to be exact—or equivalent to US$24.21 million in revenues from CD sales, royalties, performances, TV appearances and CFs of its stars for the first half of 2009.
Net income of the company for the first half of 2009 totaled 3,12 billion won (3,122,524,000 won to be exact) or equivalent to US$2.52 million.
The company is now mired in a dispute after its prized pop group, DBSK, filed an injuction against the company last July 31 to suspend the group’s contract, which they said was disadvantageous.
In 2008, SM earned a total of 43,458,755,000 won (US$35.19 million) in revenues.
Notes:
Gross profit less operating expenses = operating income (meaning it’s the company’s income before taxes are paid)
Operating income less taxes = net income (meaning it’s the income of the company after it pays all taxes)
hola no me lo podrian traducir esk no soy buen cn los idiomas porfavor se los pido
SM is really GREEDY…
DBSG, you want HELP guys?
If do just POST in your site the word “HELP”.
And my members will go to Korea just to do their job, HEADHUNT.
I like it…. BLOOD!
We’ll do it for FREE.
can’t believe sm only give them 11million in five years but earned US$35.19 million in one year…
yes!your right….^ _ ^
sm is so greedy….
sm should treated the boys very well ….
and give what they deserved…..
coz they work so hard….
nobody could earn that much money in such a short span…
sm should have treated the boys better and give them what they deserved and all this wouldnt happen and they will get even more!!
SM FAILED IN MATH..pabo!!!
how about consider new people in marketting division?? or long term project division???? =.= get more brains!!!
anyway, for their japan, it should be SM getting some %age and AVEX having hold most of it..since they stated such small amount, i guess AVEX is paying the boys directly..XD
so much money. how come each dbsk member only earn 2 million dollars for the past 6 years? what happened to their japan sales?
sm is so greedy and so bad.