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Corporate margin thinner in first half

Published: 2011-09-02 07:00:00
Updated: 2011-09-02 07:00:00
Korean pharmaceutical companies have seen their profit margins worsening in the first half of this year due to uncertain business climates and fiercer competition.

A total of 32 drug firms listed on the main bourse saw the average ratio of operating profits to sales fall to 2.7 percent from 10.7 percent in the first half of 2010, according to Yakup.com.

Only six of the 32 firms saw a high...

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