[DISCLOSURE]
YG Entertainment (122870) reported on Feb. 22 that its operating profit in 2016 hiked 46.34 percent on-year to 31.92 billion won (US$27.95 million).
Its revenue surged 66.66 percent to 321.84 billion won while net profit dropped 41.2 percent to 14.10 billion won from the previous year.
The entertainment and management company also announced that it will reward cash dividend of 200 won per share. The dividend rate is 0.71 percent.
(
theinvestor@heraldcorp.com)