HYBE Takes KRW 100.6 Billion M&A Hit as Goodwill Risks Top KRW 1 Trillion

HYBE recorded more than KRW 100 billion in losses related to mergers and acquisitions last year. The losses arose because the companies it acquired failed to generate the level of earnings initially expected, resulting in goodwill impairment charges. Goodwill refers to the premium paid above a compa