Wooshin System Swings to Operating Loss in Q1; Net Profit Plunges with Legal Risk

Consolidated revenue KRW 82.2bn (down 19.8% YoY), operating loss KRW 0.3bn (vs profit KRW 20.9bn) → profitability deteriorated.
Net profit KRW 1.4bn (down 74.7% YoY) → still positive but sharply lower.
FVTOCI financial assets KRW 55.9bn (mainly Qurient), unrealized gain KRW 9.9bn → equity boost.
High volatility in financial P&L: derivative loss KRW 1.6bn, forex gain KRW 4.5bn.
Total borrowings KRW 155.5bn, net debt KRW 113.7bn, debt ratio 139.5% → high leverage.
Ongoing lawsuit for KRW 11.4bn (6.83% of equity) → contingent liability risk.
No disclosure on share buyback, cancellation, or dividends.