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1 of 3 listed pharmas spends 40% of their sales into SG&A

Published: 2017-08-21 14:25:58
Updated: 2017-08-21 14:25:58

It was observed 1 of 3 listed pharmaceutical companies had a SG&A(selling, general and administrative) expense/sales ratio more than 40%. The ratio that is higher than other industries has worked as an obstacle of increasing profitability.

Yakup Shinmoon(www.yakup.com) analyzed 60 KOSPI and KOSDAQ listed pharmaceutical companies’ 2017 2nd quarter reports, the analysis showed they had a 29.5% S...

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