SM Entertainment’s revenue surges 21% YoY in Q1 to $192M on strong concert, merch sales
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3 Articles
Shinhan Securities: SM Multiples Show Limited Downside Limit at 15x Despite Strong Earnings. On the 7th, Shinhan Investment & Securities assessed that while SM Entertainment's earnings have exceeded market expectations for the past year, its price-to-earnings ratio (PER) for this year stands at the lower end of the range at 15x. The firm maintained its "Buy" rating and a target price of 130,000 won. SM Entertainment...
SM Entertainment reports revenue jump, backed by concerts and merchandising
South Korean entertainment company SM Entertainment has reported a 21% growth in revenue, driven by concerts and merchandising. For the first quarter of 2026, ending March 31, SM reported consolidated revenue of KRW 279.1bn (£141m/€163m/$192m), up 20.6% year-over-year, and an operating profit of KRW 38.6bn, an increased of 18.5% compared to the same period the year prior. Standalone revenue increased by 14.4% to reach KRW 189.3bn, while concert…
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