20 listed pharmas including MyungMoon and Jin Yang with over 40% SG&A expense percentage

Published: 2018-03-15 14:08:56

Updated: 2018-03-15 14:08:56

20 listed pharmaceutical companies, like MyungMoon Pharm and Jin Yang Pharmaceutical, spent SG&A(selling, general & administrative) expenses accounting for over 40% of the total sales. The SG&A expenses percentage that is higher than what other industries have has been an obstacle of increasing profitability on pharmaceutical companies.

Yakup Shinmoon(www.yakup.com) analyzed business performan...

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