WOOREE E&L Haroutine Q1 Swings to Huge Loss, Sales Plunge and Health Food Losses Widen

(Consolidated) Sales KRW 23.0B (-28.4% YoY), operating loss KRW 5.8B (vs profit YoY), net loss KRW 3.4B
(Separate) Sales KRW 22.2B (-29.5%), operating loss KRW 3.6B, net loss KRW 1.2B
Health functional food segment operating loss KRW 4.4B, losses widened; LED segment also small loss
Invested KRW 7.4B in Ayana Bio, LLC (through Wooree Green Science)
Treasury shares: 100,900 shares to be cancelled (long-term plan), 700,000 shares held for employee compensation
Debt ratio rose: consolidated 42.9% (vs 33.5% FY-end), separate 36.6% (vs 31.2%)
Basic EPS: consolidated -61 won, separate -24 won