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AbbVie Korea, 52% increase in sales last year¡¦

By Kim, Jin-Gu | translator Kim, Jung-Ju

24.04.04 12:08:53

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AbbVie Korea accumulated sales of KRW 154.6 billion¡æKRW 234.7 billion in one year¡¦Operating profit of KRW 7.8 billion¡æKRW 11.5 billion

After completing the global acquisition last year, AbbVie integrated with Korea¡¯s Allergan last April¡¦The company¡¯s assets have doubled



AbbVie Korea¡¯s major performances, including sales and operating profit, have increased by about 50% in a year. The analysis attributes this to the integration with Korea¡¯s Allergan.

AbbVie headquarters initiated the integration process between both companies in June 2019. The analysis suggests that the company¡¯s total assets have expanded due to the completion of the integration process between the Korean subsidiaries last year.

According to AbbVie Korea¡¯s audit report on April 4, the company generated sales of KRW 234.7 billion last year, up 52% in a year compared to KRW 154.6 billion in 2022. The operating profit of the same period increased from KRW 7.8 billion to KRW 11.

Kim, Jin-Gu(kjg@dailypharm.com)
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