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

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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
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