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Major Firms’ sales inch up, profitability down in 2011

Published: 2012-02-15 06:58:00
Updated: 2012-02-15 06:58:00
Pharmaceutical major companies saw their revenues edge up last year.

But their ability to generate cash from a variety of operating activities fell on worsening profitability as a result of the government’s tight regulation and imported raw material prices, according to Yakup.com.

Yuhan Corp. posted revenues of 667.7 billion won last year, up 3 percent on-year, while their operating inco...

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