Jyp is expected to have the highest sales growth in Q1

 According to recent report, among the film, broadcasting, and entertainment in the Korean stock market, JYP Entertainment was expected to have the highest sales growth rate in the first quarter of this year.

As a result of a search by the Buffett Research Institute, which specializes in corporate analysis, JYP Entertainment’s sales in the first quarter of this year are expected to reach KRW 60.1 billion, an increase of 86.07% from the previous year.

The largest album sales in the quarter... 6 times higher than the previous year

For the first quarter of this year, JYP Entertainment's sales, operating profit, and net profit are expected to increase by 86.07%, 44.20%, and 35.00% year-on-year to KRW 60.1 billion, KRW 19.9 billion, and KRW 16.2 billion, respectively.

In the first quarter of this year, JYP Entertainment is expected to record the highest quarterly album sales and record strong sales. In the first quarter, album sales surged 6 times from the previous year to 2.5 million copies, breaking a new all-time high, and TWICE's North American arena tour was a success with 100,000 visitors. Twice finished their North American arena tour in February and is about to perform their third dome tour in April, so it is expected that more than 300,000 people will be able to attend this year. In addition, S.Kids, whose album sales have soared, has also confirmed the schedule for a global arena tour with a capacity of 150,000.

CEO Jung Wook has been leading JYP Entertainment since 2003 as CEO. Whenever JYP Entertainment goes through a crisis, he is evaluated as the main character who brought the company back to life. 

Recently, JYP Entertainment is focusing on the growth of the 8-member idol boy group 'Stray Kids'. In particular, on the 28th of last month, Stray Kids topped the US Billboard's main album chart, 'Billboard 200'. It is the third time in history for a K-pop artist to top the Billboard 200 after BTS and SuperM. JYP Entertainment stated, "Stray Kids have once again proved their solid presence and position as a 'next-generation K-pop representative'."

(Some non skz parts are omitted)