JYP Entertainment jumps nearly 7% on upbeat Q2 outlook

JYP Entertainment jumps nearly 7% on upbeat Q2 outlook

최초입력 2025.05.15 10:56:55

(Yonhap)

JYP Entertainment Corp. shares surged nearly 7 percent Thursday morning thanks to market expectations for an earnings rebound from the second quarter of 2025.
The shares were trading at 73,500 won ($52.5) as of 10:32 a.m., up 6.37 percent from the previous session, after jumping as much as 9.26 percent to 75,500 won earlier.
The company reported sales of 140.8 billion won and operating profit of 19.6 billion won for the first quarter of 2025, which is in line with market consensus. Analysts expected stronger results from the second quarter.
“With Stray Kids’ stadium concerts in Japan and across North and South America, tour attendance is expected to reach around 1.4 million in the second quarter alone,” Hana Securities analyst Lee Ki-hoon said.
The 2024 full-year tour audience totaled 2.1 million. Lee also projected record earnings for both the second and third quarters, citing strong merchandise sales from expanded tours and the anticipated return of major artist album releases.
Meanwhile, HMM Co. shares jumped more than 6 percent on strong first-quarter 2025 earnings. The stock was also boosted by remarks by Democratic Party of Korea presidential candidate Lee Jae-myung regarding a potential relocation of the company to Busan.
HMM shares were trading at 22,200 won as of 10:34 a.m., up 6.73 percent, after hitting a 52-week high of 23,000 won, up 10.58 percent, earlier.
HMM reported first-quarter operating profit of 613.9 billion won on Wednesday, up 51 percent from a year earlier, with revenue climbing 23 percent to 2.86 trillion won. Despite lower volumes and weaker freight rates, the company cited fleet expansion, new service routes, and stronger sales efforts as drivers of the results.
Mirae Asset Securities Co. raised its target price for HMM to 29,000 won from 27,000 won. “Despite tariff-related volume uncertainty, freight rates are expected to rebound,” analyst Ryu Je-hyun said. “The stock remains undervalued, and a two-trillion-won share buyback plan is approaching.”
Investor sentiment was also lifted by Lee Jae-myung’s remarks at a Busan campaign rally, where he said he would seek to promote HMM’s relocation to the city to prepare for Arctic route opportunities, noting the government’s stake in the company.
JYP Entertainment shares closed at 74,000 won, and HMM shares closed at 22,150 won.
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JYP Entertainment jumps nearly 7% on upbeat Q2 outlook

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