Recommended Souvenir from Korea, Jung Kwan Jang Red Ginseng
SEOUL, South Korea, Sept. 26, 2023 /PRNewswire/ -- KGC(Korea Ginseng Corp.) promotes newly launched "Korean Red Ginseng Extract Everytime Film" as the most recommended souvenir from Korea. A high volume of sales with 130,000 units were sold within a mere month of its launch this summer due to its...
The Korean Society of Ginseng confirms the effects of consuming red ginseng in the prevention and improvement of dementia
- Through the study "Elucidation of Mechanisms for Dementia Prevention and Improvement by Red Ginseng" SEOUL, South Korea, Sept. 12, 2023 /PRNewswire/ -- Through continuous research, the secrets of ginseng, a representative medicinal herb of Korea, are being revealed, showcasing its efficacy. Re...
KT&G and the Indonesian Ministry of Investment jointly conduct investment support ceremony for KT&G's new manufacturing plant construction in Indonesia
* The new manufacturing plant is expected to commence production in 2026…expected to serve as an export hub SEOUL, South Korea, Sept. 11, 2023 /PRNewswire/ -- KT&G Corporation ("KT&G") (KRX:033780) conducted an investment support ceremony with the Indonesian Ministry of Investment and obtained ...
Global Leading Health Company JUNG KWAN JANG Participates in "William Jones Cup" after 4-year Gap
TAIPEI, Aug. 17, 2023 /PRNewswire/ -- Korea Ginseng Corporation's JUNG KWAN JANG basketball team will compete in the William Jones Cup International Basketball Tournament to be held inTaiwan from August 12. They will represent South Korea as the men's basketball team and compete against foreign t...
JUNG KWAN JANG Red Ginseng Samgyetang, a popular energizing food for hot summer days
A blend of chicken and red ginseng, an energizing recipe to revitalize during the hot summer months SEOUL, South Korea, Aug. 11, 2023 /PRNewswire/ -- How can we stay strong during the hot summer? Eating nourishing foods can be an uplifting strategy, particularly when lethargy tends to set in. Ac...
KT&G sends college volunteers to Indonesia to celebrate 50th anniversary of diplomatic ties with Indonesia
* Korean and Indonesian college students join forces to improve the educational environment of a local elementary school * KT&G is planning to host various events this year to celebrate the 50th anniversary of diplomatic relations betweenIndonesia and South Korea SEOUL, South Korea, Aug. 8, ...
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...
Korea Ginseng Corp. changed its brand name to Jung Kwan Jang
* Recognized value in the UK, France and Japan for 400 years SEOUL, South Korea, July 11, 2023 /PRNewswire/ -- Korea Ginseng Corporation (KGC) announced on July third the change of its brand name from Cheong Kwan Jang, with a 124-year tradition, to Jung Kwan Jang. This transformation involves a re...
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...
The World's #1 Ginseng Brand, 'CheongKwanJang', Holds a Campaign Event at EmQuartier in Bangkok during Songkran
- Korea's leading luxury red ginseng brand CheongKwanJang's event attracts attention at luxury shopping malls inBangkok SEOUL, South Korea and BANGKOK, April 14, 2023 /PRNewswire/ -- KGC(Korea Ginseng Corp.) opens the "CheongKwanJang Natural Wellness Booster" booth at EmQuartier Shopping Mall in...
KT&G opens new 'Univ Zone' at BINUS University to support local college students
- KT&G opens third 'Univ Zone' in Indonesia at BINUS University to provide more learning opportunities to Indonesian college students - 'Univ Zone' offers various classes related to culture and career…A total of 450 classes were held until last year and 25,000 students participated SEOUL, South ...
KT&G holds the 36th Annual General Meeting of Shareholders - all proposals by the Board of Directors approved
- KT&G aims to leap forward as a 'global top-tier' company through long-term growth investments and overseas market expansion SEOUL, South Korea, March 28, 2023 /PRNewswire/ -- KT&G Corporation("KT&G" or the "Company") (KRX:033780) held its 36th Annual General Meeting of Shareholders("AGM") f...
Glass Lewis Recommends Shareholders Vote FOR ALL KT&G Board of Directors' Proposals for the Annual General Meeting of Shareholders
* Glass Lewis supports all of the Board's proposals including dividend, acquisition and cancellation of treasury shares, and election of outside directors SEOUL, South Korea, March 17, 2023 /PRNewswire/ -- Glass Lewis & Co. ("Glass Lewis" or the "firm"), an independent proxy advisory firm, toda...
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...
KT&G to hold the 36th Annual General Meeting of Shareholders
- The Board of Directors resolved not to include the KGC spin-off in the agenda after careful consideration SEOUL, South Korea, March 10, 2023 /PRNewswire/ -- KT&G Corporation ("KT&G" or the "company") (KRX:033780) today announced that its Board of Directors set the agenda for the 2023 Annual Ge...
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...
CheongKwanJang, No. 1 in the global ginseng market for 10 consecutive years
* Records No. 1 brand in global ginseng retail market sales in 2022, compiled by Euromonitor * Records sales of approximately USD 1.038 billion in 2022 and 41.9% market share, ranking first for 10 consecutive years SEOUL, South Korea and LONDON, Jan. 6, 2023 /PRNewswire/ -- KGC(Korea Ginseng ...
KT&G signs MOU with BPSDMI to provide scholarship to Indonesian students
* KT&G-BPSDMI signed MOU on December 21 to foster global talents in Indonesia * KT&G Indonesia granted scholarship to 323 students in 2022, 548 students in total for 5 years KT&G Indonesia and BPSDMI join hands to provide scholarship to Indonesian students SEOUL, South Korea, Dec. 29, 2022 /...
Korea Ginseng Corp. enhances its reputation as a leading herbal dietary brand by revealing a new set of stocking stuffers
* To commemorate its 123rd anniversary, Korea Ginseng Corp. has launched a new set of Koreselect online products, available exclusively online. * This holiday season, give your loved ones the gift of CheongKwanJang! CERRITOS, Calif., Dec. 20, 2022 /PRNewswire/ -- To celebrate its 123rd annive...
CheongKwanJang's top-grade red ginseng 'Pure Extract Heaven' is being first introduced in the U.S. market
* 'Pure Extract Heaven' is the top-grade red ginseng which is only 0.5% of the total red ginseng production, manufactured with 120 years of expertise * Perfect launch timing as herbs and natural sources supplements are in high demand during this Holiday season CERRITOS, Calif., Dec. 5, 2022 /P...
