Daewoong showed improved performance both sales and earnings

Daewoong showed improved performance both sales and earnings in Q1


Daewoong showed improved performance both sales and earnings in Q1
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SEOUL, South Korea, May 7, 2021 /PRNewswire/ -- Daewoong Pharmaceutical(CEO Sengho Jeon) announced its management performance (based on consolidation) in Q1 of 2021. Its sales and operating profit were
269.6 billion and 26.6 billion KRW. It rose 4.7 percent and 305 percent yoy, respectively. Operating profit surpassed 20 billion won in eight years as ETC and OTC drugs maintained solid sales plus upfront from Fexuprazan to China and decreased legal cost as ITC lawsuits were settled.

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