Cube Entertainment’s 3rd Quarter Results Unveiled Today (Nov 9th) Are Astounding

Dice Leisure has achieved record-breaking third quarter outcomes with (G)I-DLE’s triple hit success 

In line with the info launched on November ninth, the standalone Dice Leisure’s foundation income for the third quarter was 22 billion gained, recording an working revenue of three billion gained. In comparison with the identical interval final 12 months, income elevated by 90%, and working revenue become a revenue. 

With this, the cumulative standalone foundation income for the third quarter reached 65 billion gained, surpassing the annual cumulative income on a standalone foundation from final 12 months, and the cumulative working revenue recorded 10.1 billion gained, surpassing 100 billion gained in working revenue for the primary time because the institution of the corporate.

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Together with subsidiary corporations, the consolidated foundation income for the third quarter was 39.1 billion gained, and working revenue was 3.4 billion gained, growing by 50% and 430% respectively in comparison with the identical interval final 12 months. Particularly, the cumulative consolidated foundation income reached 105.8 billion gained, attaining a cumulative income of 100 billion gained in simply the third quarter. The cumulative consolidated foundation working revenue for the third quarter was recorded at 99.8 billion gained.

(G)I-DLE has succeeded in three consecutive hits following the success of ‘Tomboy’ and ‘Nxde’ final 12 months, and the comeback within the first half of this 12 months with ‘Queencard,’ attaining the very best cumulative income within the leisure sector within the third quarter, together with album gross sales, music streaming, and promoting, in comparison with the identical interval final 12 months.

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A Dice official defined, “With (G)I-DLE’s three consecutive hits and million-seller standing, the IP worth has risen, and because the international fandom step by step expands, promoting income has elevated by 170% in comparison with the identical interval final 12 months, together with quite a few promoting contracts, together with turning into ambassadors for luxurious manufacturers abroad.”

Persevering with, the official added, “(G)I-DLE, via their current second world tour, drew over 130,000 attendees, greater than 2.5 occasions the rise in comparison with final 12 months, and associated MD gross sales additionally elevated. The settlement of Chinese language actions centered round (G)I-DLE’s Chinese language member Yuqi within the third quarter contributed to the expansion in income and working revenue.”

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He additional acknowledged, “The outcomes of (G)I-DLE’s world tour, which led to late October, will probably be mirrored within the 4th quarter, and expectations are excessive for the associated 4th quarter outcomes.”

In the meantime, Dice formally introduced on November sixth that the corporate is parting methods with BTOB members Web optimization Eunkwang, Lee Minhyuk, Lee Changsub, Im Hyunsik, Peniel, and Yook Sungjae.

Dice acknowledged, “Forward of the expiration of BTOB’s second unique contract, we’ve got rigorously mentioned with the members for a very long time, and on account of mutual settlement, we’ve got determined to not renew the contract.” 

Supply: wikitree

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