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Guangzhou Pharmaceutical: rising labor costs of raw materials affect the company's gross profit margin
Investors in listed companies in Guangdong Province on Thursday, collective reception was held in Panorama Network, Guangzhou Pharmaceutical (600 332) Deputy General Manager Pangjian Hui said, in anticipation of production material prices, labor costs are rising, raise industry standards such as higher production costs, while drug prices continue to decrease, the profitability of commercial enterprises are constantly compressed space, the company expects 2011 gross margin will be to some extent.
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