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KT&G Reports 2024 First Quarter Results; Robust Performances in Next Generation Product and Overseas Cigarette Sectors

Revenue and operating profit decreased YoY due to global inflation and the completion of large-scale real estate development projects Expects to achieve a turnaround in the second-half with strengthened competitiveness in core business areas and business transformation SEOUL, South Korea, May 9, 2024 /PRNewswire/ -- KT&G Corporation ("KT&G" or the "Company") (KRX:033780), South Korea's leading tobacco manufacturer, today announced its financial results for the first quarter ended March 31, 2024. The company reported consolidated revenue of KRW 1.292 trillion and operating profit of KRW 236.6 billion. KT&G's overseas and domestic Next Generation Product ...