890 million USD) in available cash"and reassuring staff of the companys sound financial standing.
890 million USD) in available cash assets, and our financial condition is very healthy.
“He urged staff not to worry, as the companys operations are progressing well in terms of numbers.
Trust and patience will help untangle the issues gradually.”
795 million USD), including 321.4 billion KRW (approx.
239 million USD) in cash and cash equivalents and 753.1 billion KRW (approx.
558 million USD) in other liquid financial assets.
The figure of 1.2 trillion KRW (approx.
890 million USD) likely accounts for improvements in the third quarter’s performance.
Additionally, on October 15th, HYBE successfully issued a 400 billion KRW (approx.
High debt levels are often a natural part of financing and investment for corporate growth."
Market optimism around HYBE is primarily due to expectations of improved performance in the near future.
Industry predictions suggest that HYBEs third-quarter earnings will surpass those of the second quarter.
112 million USD).
Although a year-over-year decline is expected, quarterly performance has shown steady recovery since the first quarter.
Seventeencontinues to contribute significantly to HYBE’s success.
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