The South Korean engineering, procurement & construction (EPC) company GS E&C had a research and development spending to sales ratio of around 0.33% in 2020, lower than its highest figure of 0.5% in 2014.
The Xi apartments built by GS E&C are one of the leading apartment brand in South Korea, significantly contributing to the company's sales.
GS E&C's R&D spending to sales ratio from 2014 to 2020
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DART. (March 18, 2021). GS E&C's R&D spending to sales ratio from 2014 to 2020 [Graph]. In Statista. Retrieved August 15, 2022, from https://www.statista.com/statistics/1060587/south-korea-gs-eandc-randd-spending-to-sales-ratio-per-year/
DART. "GS E&C's R&D spending to sales ratio from 2014 to 2020." Chart. March 18, 2021. Statista. Accessed August 15, 2022. https://www.statista.com/statistics/1060587/south-korea-gs-eandc-randd-spending-to-sales-ratio-per-year/
DART. (2021). GS E&C's R&D spending to sales ratio from 2014 to 2020. Statista. Statista Inc.. Accessed: August 15, 2022. https://www.statista.com/statistics/1060587/south-korea-gs-eandc-randd-spending-to-sales-ratio-per-year/
DART. "Gs E&c's R&d Spending to Sales Ratio from 2014 to 2020." Statista, Statista Inc., 18 Mar 2021, https://www.statista.com/statistics/1060587/south-korea-gs-eandc-randd-spending-to-sales-ratio-per-year/
DART, GS E&C's R&D spending to sales ratio from 2014 to 2020 Statista, https://www.statista.com/statistics/1060587/south-korea-gs-eandc-randd-spending-to-sales-ratio-per-year/ (last visited August 15, 2022)