Thursday, 11 March 2021

[theqoo/enter-talk] SM'S CURRENT NET PROFIT IS -80 BILLION WON.. SHOCKING DEFICIT


Graph: "2. Details of changes in sales and profit or loss structure (unit: KRW)"
Top row: Current business year | Previous business year | Variance | Variance rate (%)
First column: 
- Revenue (only on the proceeds from the sale of goods and the provision of services)
- Operating Profit
- Business profit before corporate tax expense deduction
- Net profit 

80 billion won = ~ 70.6 million USD

original post: here

1. Looks like they are getting less hate from paying taxes and increasing their deficit ㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋ

2. This is reflecting the additional charges for evading taxes. Also, I hope that SM invests a bit in their high-tech business

3. Even if they fail, they still have that Chinese money so they will be ok

4. SM is an entertainment business but they are doing everything except focus on their main business that's why they end up like this ㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋ If you're an SM fan, you'll know ㅋㅋㅋㅋㅋㅋㅋ

5. If SM stopped invested in those weird businesses, they could turn profitable in no time

6. Can they stop being so obsessed with investing....

7. Stop investing in those useless businesses...

8. Even with a deficit, they had a free concert, thanks SM

9. Did they pay their taxes properly?

10. Please just focus on your entertainment business, f*ck


[enter-talk] SM IS IN BIG TROUBLE

80 billion won in deficit is crazy
what were they doing to incur a deficit of 80 million won...???


post response:
[+164][-18]
original post: here

1. [+206, -23]
If only they focused only on entertainment, their profit would be solid. Everyone's albums are selling well and nobody can match SM when it comes to profits from sales of goods. They are like this because of their restaurant business

2. [+145, -305]
They are like this because they push NCT

3. [+139, -7]
What?... are there only restaurant businesses in there? Do you think that SM only focuses on entertainment? C&C, restaurant business, etc.. they are stretched out everywhere. SM doesn't really have any losses in their entertainment businessㅋㅋㅋ the entertainment businesses are profitable. The deficit comes from other areas

4. [+73, -6]
Instead of worrying about SM, think about the fact that even so, SM had a free concert;; they are f*cking unphazed

5. [+66, -6]
What "NCT push"?... You're so f*cked up. This is because of their restaurant business


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