Tobacco
KT&G Announces Second Quarter 2024 Financial Results and Reiterates Commitment to Shareholder Value Enhancement
* Revenue increased by 6.6% and operating profit by 30.6%, driven by robust performance in tobacco business * KT&G reaffirms commitment to maximizing corporate value with core business-driven growth and enhancing shareholder value through best-in-class shareholder return policy SEOUL, South K...
2024-08-08 15:23
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BAT'S GLOBAL PARTNERS, TOMORROWLAND AND THE McLAREN FORMULA 1 TEAM, UNITE TO BRING THE WORLDS OF MUSIC AND MOTORSPORT TOGETHER
From fast tracks to soundtracks, both partners will collaborate for a weekend of firsts over the Belgium GP and Tomorrowland summer festival LONDON, July 26, 2024 /PRNewswire/ -- For a third year, the worlds of speed and sound collide as two of BAT's global partners – the McLaren F1 Team and Tom...
2024-07-26 16:00
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KT&G to hold the 37th Annual General Meeting of Shareholders
* The agenda for appointing President tabled for the meeting, which will be held onMarch 28, at the KT&G Human Resources Development Center in Daejeon, South Korea SEOUL, South Korea, Feb. 28, 2024 /PRNewswire/ -- KT&G Corporation ("KT&G" or the "Company") (KRX:033780) held a board meeting tod...
2024-02-28 21:23
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KT&G reports 2023 second quarter results; Overseas Heat Not Burn volume growth of 72.7%
* Plans to announce share repurchase & cancellation of KRW 300 billion and declare an interim dividend for the first time SEOUL, South Korea, Aug. 3, 2023 /PRNewswire/ -- KT&G Corporation("KT&G" or the "Company") (KRX:033780),South Korea's leading tobacco manufacturer, today announced financial...
2023-08-03 16:23
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Nearly 80% of Doctors Worldwide Mistakenly Believe Nicotine Causes Lung Cancer, Thwarting Efforts to Help One Billion Smokers Quit
Survey of more than 15,000 physicians in 11 countries uncovers need for further education The Foundation for a Smoke-Free World invites researchers to propose new analysis & educational programs * On average, nearly 77% of doctors mistakenly believe nicotine causes lung cancer and 78% ...
2023-07-20 07:00
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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
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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
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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
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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
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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
2022-08-03 21:00
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