1 of 3 listed pharmas spends 40% of their sales into SG&A

Published: 2017-08-21 16:30:00
Updated: 2017-08-21 14:25:58

It was observed 1 of 3 listed pharmaceutical companies had a SG&A(selling, general and administrative) expense/sales ratio more than 40%. The ratio that is higher than other industries has worked as an obstacle of increasing profitability.

Yakup Shinmoon(www.yakup.com) analyzed 60 KOSPI and KOSD...

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