HumanN Reports 22.6 Billion KRW Derivative Trading Losses

[Asia Economy Reporter Park Jihwan] HumanN disclosed on the 24th that it incurred a loss of 22.6 billion KRW from derivative transactions. This corresponds to 259.60% of its equity capital.

The company stated, "A valuation loss on derivative liabilities occurred due to the rise in stock prices," and added, "The recorded amount corresponds to a loss without cash outflow."