SK Biopharm Reports Q2 Revenue of 2.1 Billion KRW and Operating Loss of 57.8 Billion KRW
[Asia Economy Reporter Cho Hyun-ui] SK Biopharm announced on the 14th that its consolidated sales for the second quarter of this year amounted to 2.1 billion KRW, with an operating loss of 57.8 billion KRW.
Compared to the previous quarter, sales decreased by 47.4%, while the operating loss improved by 11.2% due to a reduction in selling and administrative expenses.
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SK Biopharm explained that there were no products launched last year, so the comparison was made with the previous quarter. Compared to the same period last year, sales in the second quarter of this year decreased by 68.3%, and operating profit turned into a loss.
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