Net profit ADOR 2022-2023
In 2023, music label ADOR recorded a net profit of around 26.5 billion South Korean won. This was a substantial increase from the previous year, which had seen a net loss of about 3.2 billion won. Founded in 2021, the company is an independent label under HYBE Corporation. Currently, they only have one signed artist: the girl group NewJeans, who debuted in 2022.