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Daewoong showed improved performance both sales and earnings in Q1


Daewoong showed improved performance both sales and earnings in Q1
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Nabota(botulinum toxin) revenue soared after settlement, historical high performance in March
Turnaround in earnings just started and will continue to 2H
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. ....

Soult Ukpyolsi , South Korea , Sengho Jeon , Hanall Biopharma , Daewoong Pharma , Co Ltd , Daewoong Co , Luphere Depot , All Biopharma , தெற்கு கொரியா , இணை லிமிடெட் ,

Daewoong, Q1 is just early stage of better performance


Daewoong, Q1 is just early stage of better performance
07 maggio 2021 | 10.01
LETTURA: 4 minuti
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.
The ETC division revenue grew 11.7 percent yoy(from 162.1 billion won to 181 billion won). Sales of products such as Ursa(prescription drug), Luphere Depot, and Crezet and introduced items such as Crestor, Forxiga, and Lixiana have increased. The OTC division showed stable results(from 26.1 billion KRW to 26.4 billion KRW). Impactamin(vitamin B complex) series an ....

Soult Ukpyolsi , South Korea , Sengho Jeon , Hanall Biopharma , Daewoong Pharma , Co Ltd , Korea Stock Exchange , Daewoong Co , Luphere Depot , All Biopharma , தெற்கு கொரியா , இணை லிமிடெட் , கொரியா ஸ்டாக் பரிமாற்றம் ,