The first half of 2013 sales numbers and figures from Korea's top three entertainment agencies, SM Entertainment (041510:KOSDAQ), YG Entertainment (122870:KOSDAQ), and JYP Entertainment (035900:KOSDAQ), have been revealed as all three companies are publicly traded on the Korean electronic stock exchange,�KOSDAQ.�





On August 29, Korea's Financial Supervisory Service revealed the 14th semi-annual financial report to the public, which reveals the earnings of all three agencies from January 1, 2013 to June 30, 2013.�





The accumulated revenue of all three companies in the first half of the year amounted to a record high of 173 billion KRW (approximately $155,889,608.00 USD). In comparison to the same time frame last year, the total revenue for the first half of 2012 for SM, YG, and JYP was 114.1 billion KRW (approximately $102,815,053.60 USD). When looking at just the overall numbers, K-Pop seems to be on a consistent rise because a good fraction of their increased revenue is from the recent success of the genre.





SM Entertainment





When looking at the companies individually, SM's revenues were 56,907,143,414 KRW (approximately $50,915,624.34 USD) in the first quarter, and in the first half, they recorded a high of 106,893,380,255 KRW (approximately�$95,639,015.90 USD). It's been 10 years since SM became a publicly listed company on the KOSDAQ, and the company has been able to achieve a record with these revenue numbers.�





In the second quarter of the year, the cost of sales and sales employees of SM netted to 3,657,800,012 KRW (approximately�$3,272,685.29 USD). In the first half of the year, it netted a profit of approximately 8,733,625,561 KRW (approximately�$7,814,098.05 USD).�





In comparison to SM's revenue to the first half of last year, these numbers show a decline in profit.�









In just the second quarter of this year, YG posted a revenue of 30,588,385,262 KRW (approximately�$27,367,859.99 USD). For the first half of the year, YG amassed revenues of 60,394,746,793 KRW (approximately�$ 54,036,032.31 USD).�





Comparing this to the first half of last year, when YG accumulated approximately 40.6 billion KRW (approximately�$36,325,392.99 USD), YG posted a gain of 20 billion KRW (approximately�$17,894,282.26 USD), breaking a record-high in its revenue.�





In the second quarter of the year, YG's business operations accumulated 5,501,355,465 KRW (approximately�$4,922,140.38 USD). In the first half of the year, the agency accumulated 11,792,847,322 KRW (approximately�$10,551,226.93 USD). YG's net income in the second quarter of the year accumulated to 5,471,594,676 KRW (approximately�$4,895,512.98 USD). In the first half of the year, it collected a record profit of 9,635,257,537 KRW (approximately�$8,620,800.90 USD). Both YG's operating profit and net profit in the first half of the year is its highest ever.









In the second quarter of this year, JYP accumulated 2,835,969,621 KRW (approximately�$2,537,382.04 USD). In the first half of the year, it increased its revenue by accumulating 5,643,044,831 KRW (approximately�$5,048,911.85 USD). Compared to last year's first half revenue, JYP's earning increased by 2.3 billion KRW (approximately�$2,057,842.46 USD).�





In the second quarter of the year, JYP posted a revenue of 1,367,369,070 KRW (approximately�$1,223,404.40 USD). In the first half of the year, it broke a record in operating loss as JYP posted a loss of 2,304,316,326 KRW (approximately $2,061,704.34 USD). In the case of net income, JYP accumulated 1,559,973,651 KRW (approximately $1,395,730.44 USD) in the second quarter of the year, while in the first half of the year JYP's net income was 2,629,923,425 KRW (approximately $2,353,029.60 USD). When comparing numbers with last year, JYP managed to stop the bleeding somewhat and reduce the deficit in its losses.�





In the case of JYP, the label's revenue is heavily relied on idol groups, the Wonder Girls, 2PM, and 2AM; also the recent addition of miss A adds to JYP's overall profile.

