2 of 5 unlisted pharmas struggling with SG&A/sales ratio higher than 40%

Published: 2018-04-23 16:44:00
Updated: 2018-04-23 16:45:45

2 of 5 unlisted pharmaceutical companies reportedly have the ratio of SG&A(selling, general and administrative) expenses to sales higher than 40%.

Yakup Shinmoon(www.yakup.com) analyzed 2017 audit reports that 82 unlisted pharmaceutical companies submitted to the Financial Supervisory Service, a...

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