Foreign pharmas earn KRW 21 out of selling products worth of KRW 1,000 in Korean market

Published: 2017-04-25 16:23:26

Updated: 2017-04-25 16:23:26

Korean branches of multinational pharmaceutical company were analyzed to earn KRW 21 out of selling products worth of KRW 1,000 last year.

According to the Yakup Shinmoon’s(www.yakup.com) analysis result of 2016 audit reports turned in by 32 multinational pharmaceutical companies branching in Korea their average operating profit ratio was 2.08%.

Operating profit ratio is used as an index to j...

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