[THE INVESTOR] YG Entertainment’s revenue in the first quarter will reach 92.4 billion (US$80.95 million) and operating profit a record 12.6 billion won, said Hana Financial Investment on April 18, raising the target price to 37,000 won from 33,000 won.

Sechskies, Psy, iKON and G-Dragon are expected to return in the second quarter. Earnings from G-Dragon, Taeyang, Daesung and iKON’s Japanese tour concerts will be reflected until the first half of next year, said analyst Lee Gi-hun. 

Its full-year earnings will break the record as well, said the analyst adding that despite the “absence of China” the entertainment company will reap record profits in Japan. 

By Hwang You-mee (glamazon@heraldcorp.com)