Business
KT&G Q1 Performance Boosted by Global Business Growth and Enhanced Profitability
KT&G (KRX: 033780) announced on the 7th through its IR session that proactive profitability focused management schemes led to 56.1% YoY global cigarette operating profit growth in Q1, which in turn led to a solid performance of the entire group.
About this update from Kt & G Corporation
[{"type":"text","content":"- Group operating profit rises 27% based on 56% global cigarette business operating profit growth","length":97,"tagName":"p"},{"type":"text","content":"- Core competitiveness reinforcement results in heightened profitability, new shareholder return policies focusing on stronger dividend payout to be announced H2","length":166,"tagName":"p"},{"type":"text","content":"SEOUL, South Korea, May 7, 2026 /PRNewswire/ -- KT&G (KRX: 033780) announced on the 7th through its IR session that proactive profitability focused management schemes led to 56.1% YoY global cigarette operating profit growth in Q1, which in turn led to a solid performance of the entire group.","length":297,"tagName":"p"},{"type":"image","alt":"(PRNewsfoto/KT&G Corporation)","displaySize":"","headline":null,"caption":"(PRNewsfoto/KT&G Corporation)","className":"","disableSlideshowImg":false,"size":{"original":{"width":224,"height":104,"url":"https://media.zenfs.com/en/prnewswire.com/7e11e57d34236a9648f7642a9ab336b3"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/stO5UEg2wDgE0z6awZkpSA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTE5NQ--/https://media.zenfs.com/en/prnewswire.com/7e11e57d34236a9648f7642a9ab336b3","width":224,"height":104},"resize_sm":{"url":"https://s.yimg.com/ny/api/res/1.2/stO5UEg2wDgE0z6awZkpSA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTE5NQ--/https://media.zenfs.com/en/prnewswire.com/7e11e57d34236a9648f7642a9ab336b3","width":224,"height":104}},"href":"https://mma.prnewswire.com/media/2316472/KT_G_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"To start, based on the strong global cigarette business performance, KT&G's Q1 consolidated revenue reached 1.7036 trillion KRW and operating profit 364.5 billion KRW, a respective YoY growth of 14.3% and 27.6%. In detail, the tobacco business saw a revenue of 1.1559 trillion KRW and operating profit of 321.6 billion KRW, respective gains of 17% and 27.2%.","length":366,"tagName":"p"},{"type":"text","content":"In particular, the global cigarette business saw a balanced sales volume growth throughout major regions including Asia-Pacific and Eurasia, while sustained strategic price hikes led to historic quarterly revenues. Q1 revenue rose 24.6% YoY to 559.6 billion KRW, while operating profit increased 56.1% YoY based on costs and SG&A expenses reduction, resulting in a &...