KOSDAQ-listed pharmaceutical firms' profits dipped

According to statistics compiled by Yakup Shinmoon, 13 KOSDAQ-listed pharmaceutical firms including Kyungdong Pharm posted a combined turnover of 387.4 billion won in 2002, or an increase of 14.5 percent over the previous year but their net incomes amounted to 40.7 billion won, down 15 percent. Their poor management records were chiefly attributed to less weak competitiveness in terms of a prod...