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Corporate News 14 Aug 2020 | 7:00 AM

K-Pop group BTS’ label Big Hit posts profit jump

SEOUL: Big Hit Entertainment, the management label of hugely popular South Korean K-Pop group BTS, saw 49.7 billion won (US$41.9 million) in half-year profits as its online concert and merchandise sales more than offset event cancellations during the COVID-19 pandemic.