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Eroding Profitability of Domestic Pharmaceutical Firms
The domestic pharmaceutical manufacturers are showing an overall growth in sales, but are suffering from margin erosions and lower profitability, reported by the Korea Health Industry Development Institute (KHIDI) from its research on 55 domestic pharmaceutical companies that are listed on KOSDAQ.
The total sales by these companies, on a year-over-year basis, went up by 14.7% in 2001, 8.8% i...
The total sales by these companies, on a year-over-year basis, went up by 14.7% in 2001, 8.8% i...
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