Esmo Materials Reports Derivative Trading Losses Amounting to 4.1 Billion Won

[Asia Economy Reporter Minji Lee] Esmo Materials announced on the 13th that it incurred an over-the-counter derivative transaction loss of 4.184 billion KRW. This corresponds to 13.17% of its equity capital.

The company stated, "We entered into derivative contracts related to trading of domestically listed stocks with NH Investment & Securities, and in the second half of last year, derivative transaction losses occurred due to a decline in stock prices."