OQP Incurs Evaluation Loss on Convertible Bonds Worth 75.1 Billion KRW

[Asia Economy Reporter Park Jun-yi] OQP disclosed on the 1st that it incurred an evaluation loss of derivative financial liabilities amounting to 75,069,590,000 KRW due to reasons such as the loss of the benefit of the term of convertible bonds.

The company stated, "The convertible bond option adjustment recognized due to the loss of the benefit of the term caused by the external auditor's disclaimer of opinion was replaced by the evaluation loss of derivative liabilities," adding, "This is a loss without cash outflow."