High cost/sales rate leads to low profitability for multinational pharmaceuticals

Published: 2016-04-22 16:30:00
Updated: 2016-04-22 14:51:51

Multinational pharmaceutical companies were observed to have low profitability due to high cost/sales rates.

According to the Yakup Shinmoon’s(www.yakup.com) analysis result of 2015 audit reports of 32 multinational pharmaceutical companies branched in Korea, their average cost/sales rate was es...

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