Reduction of sales management expenses lead to improvement of profitability

Published: 2015-11-19 15:43:14

Updated: 2015-11-19 15:43:14

It seems listed pharmaceutical companies’ effort to reduce sales management expenses has led to improvement in profitability.

According to the Yakup Shinmoon’s analysis result of the 3^rd quarter’s performance reports of KOSPI and KOSDAQ pharmaceutical companies in 2015, the average ratio of sales management expenses to sales was 30.2% in the 3^rd quarter.

The ratio was decreased by 0.8% from 3...

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