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1 of 3 listed pharmaceutical companies reportedly have a SG&A expense/sales ratio higher than 40%.
Yakup Shinmoon(www.yakup.com) analyzed 2018 1st quarter business performances that 62 listed pharmaceutical companies recorded, and the analysis showed that they recorded a 28.4% ratio of SG&A(selling, general and administrative) expenses to sales on average. <holding and biotechnology companies ...