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Daehan New Pharm’s operating profit surges in the first quarter
2009.05.14
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Daehan New Pharm’s operating profit soars in the first quarter
Daehan New Pharm announced on the 14th that during the first quarter of 2009, the company recorded sales of 8.8 billion won, operating profit of 920 million won, and net profit of 1.46 billion won.
The operating profit and net profit represented year-on-year increases of 900% and 155%, respectively. The sharp rise in operating profit was driven by exports, which reached 2 billion won—an increase of 187% compared to 1.1 billion won in the same period of the previous year.
The remarkable growth in exports was attributed to the company’s years of effort to develop overseas markets, which have now borne fruit with a rapid increase in exports to new markets such as Russia and the CIS region. This performance reflects that Daehan New Pharm’s finished pharmaceutical products have met various international quality standards, bringing them closer to global quality benchmarks. |


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