HYBE saw a significant drop in operating profit in the third quarter, but remains optimistic thanks to its artists' activities.

On November 5, HYBE revealed that its consolidated operating profit for the third quarter fell 25.4% to KRW 54.2 billion, down from a year earlier.

Sales reached KRW 527.8 billion, marking a 1.9% year-on-year decline, while net profit fell 98.6% to KRW 1.4 billion.

Of the third quarter's KRW 527.8 billion in sales, direct sales from albums, concerts, and advertisements totaled KRW 323 billion, with album/music and concert revenues down 18.8% and 14.8%, respectively. Indirect sales, including merchandise, licensing, content, and fan club revenues, increased 31.8% year-on-year to KRW 204.9 billion.

HYBE also highlighted notable achievements, such as the release of their new global girl group KATSEYE, whose album SIS spent two consecutive weeks on the Billboard 200.

HYBE's fan platform, Weverse , recorded 9.7 million monthly active users (MAUs), up about 100,000 from the previous quarter, although that figure represents a decline of about 900,000 year-over-year.

With cumulative sales reaching KRW 1.5292 trillion for the first three quarters, HYBE expects to achieve its annual sales target of KRW 2 trillion for the second consecutive year.

In the fourth quarter, HYBE is planning various activities for its artists, including the release of BTS's Jin 's first solo album titled ' Happy ' on November 15, as well as the continuation of SEVENTEEN 's world tour which kicked off in October with their 12th mini album.