K-pop boy group Seventeen / Courtesy of Pledis Entertainment

K-pop boy band Seventeen ranked seventh among the world's top-earning musical acts by touring revenue in a biannual chart released by Billboard, the group's agency said Monday.

Seventeen earned $88 million and drew some 574,000 concertgoers through 25 concerts during the six-month tracking period ending March 31, Pledis Entertainment said, citing the Billboard report released last week.

The K-pop act launched its worldwide tour "NEW_" in September last year and wrapped up its monthslong run with an encore concert in Incheon, west of Seoul, in April.

Among other K-pop groups, TWICE and Tomorrow X Together ranked 12th and 15th, respectively.