Tobacco

KT&G reports 2023 Q1 results, on track to become a 'global top-tier' company

* Q1 revenue of KRW 1.396 trillion, operating profit of KRW 316.5 billion * Continued robust growth in combustibles and Heat Not Burn, fundamentals intact * Overseas Heat Not Burn sales volume and operating profit up 64.3%, 127% YoY * Overseas subsidiaries sales volume and revenue up 60%, 4...

2023-05-11 19:45 4186

KT&G Board of Directors Sends Letter to Shareholders Expressing Concern over the Proposing Shareholders' Requests

* The Board is concerned that the proposing shareholders' "excessive request" for shareholder return policy might undermine the company's future growth potential * The Board is unable to verify whether the audit committee members nominated by the proposing shareholders meet the Korean Commerc...

2023-03-13 16:25 2079

KT&G Reports Strong Fourth Quarter and FY 2022 Results

* FY 2022 revenue of KRW 5.857 trillion, operating profit of 1.268 trillion * KT&G's sales hit record high, driven by growth in both Heat Not Burn and overseas businesses * Set out to reach consolidated revenue of KRW 10 trillion by 2027 by focusing on overseas business, Heat Not Burn, Healt...

2023-02-10 16:38 4783

Total Fandemonium: VELO Shares The Love For McLaren Formula 1 Team Fans On- And Off- The Track

LONDON, Sept. 2, 2022 /PRNewswire/ --  At this year's FORMULA 1 HEINEKEN DUTCH GRAND PRIX 2022, VELO in partnership with The McLaren F1 Team, are shining a spotlight on motorsport fans with the launch of a bespoke love-inspiring branding design on The McLaren F1 Team's car. Diving deeper into the...

2022-09-02 21:17 11935

SMOK Reveals SOLUS 2 Series of Vaping Devices at Global Launch Event in Jakarta

JAKARTA, Indonesia, Aug. 3, 2022 /PRNewswire/ -- SMOK, the leading brand from Shenzhen IVPS Technology, specializing in the research and development, production and sales of e-cigarettes, recently revealed its newSOLUS 2 series at a special global pr...

2022-08-03 21:00 3456

VELO Launches Esports Racing Series In Partnership With McLaren Racing

VELO enters the gaming market for adults with launch of VELO ESERIES, teaming up with global partner McLaren Racing on an exciting content series which pits celebrities and YouTube talent against each other and their fans LONDON, Jan. 6, 2021 /PRNewswire/ -- VELO, a leading nicotine pouch brand, ...

2021-01-06 19:00 3645
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