GS E&C's R&D spending to sales ratio 2014-2022
The South Korean engineering, procurement & construction (EPC) company GS E&C had a research and development spending to sales ratio of around 0.28 percent in 2022, lower than its figure of 0.5 percent 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.