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KT&G posted record quarterly revenue of more than 1.9 trillion won ($1.4 billion) amid robust overseas cigarette sales and a thriving heated tobacco business, while pledging bigger shareholder returns over the next four years. The South Korean tobacco maker said Thursday that in the July-September period, consolidated revenue rose 4.3 percent from a year earlier to 1.91 trillion won, while operating profit climbed 13.9 percent to 530.1 billion won, both all-time quarterly highs. For the full yea
By The Korea Herald ·
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Upgrade this serverKT&G posted record quarterly revenue of more than 1.9 trillion won ($1.4 billion) amid robust overseas cigarette sales and a thriving heated tobacco business, while pledging bigger shareholder returns over the next four years. The South Korean tobacco maker said Thursday that in the July-September period, consolidated revenue rose 4.3 percent from a year earlier to 1.91 trillion won, while operating profit climbed 13.9 percent to 530.1 billion won, both all-time quarterly highs. For the full yea
7 days ago · koreaherald.com · You are reading this one
KT&G posted record quarterly revenue and operating profit in the third quarter, driven by growth across its core businesses, while unveiling a four-year shareholder return plan worth 5 trillion won ($3.7 billion). The tobacco and consumer goods company said Thursday that consolidated revenue rose 4.3 percent from a year earlier to 1.91 trillion won, while operating profit increased 13.9 percent to 530.1 billion won. Both figures marked quarterly records. Its cigarette business generated record revenue of 1.31 trillion won, up 6 percent, and operating profit of 425.5 billion won, up 14.4…
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