KT&G Q1 Net Profit Rises 46.6% to 378.2 Billion Won on Overseas Cigarette Sales
South Korea's leading tobacco company posted strong gains in overseas and domestic sales for the January-March 2026 period. KT&G canceled 9.5 percent of its shares last month as part of governance reforms and outlined plans for global expansion and enhanced shareholder returns.
dutchnews.nlKT&G Corp. said Thursday its first-quarter net profit rose sharply from a year earlier on strong cigarette sales overseas. 6 percent on-year, according to its regulatory filing.
7 percent from the year-earlier period. 7 trillion won. 6 percent on-year in Q1 2026.
5 percent from the previous year, supported by robust performances of its next-generation products, including heat-not-burn items, and a base effect caused by supply chain disruptions last year. "We expect our overseas cigarettes business to continue its growth momentum, as we see a stable growth trend continue across regions, despite heightened uncertainties from tensions in the Middle East," the company said in a release.
's headquarters in southern Seoul.
KT&G Corp. is South Korea's leading tobacco company. Looking forward, the tobacco maker said it plans to actively pursue the global entry of its next-generation products, leveraging its competitive edge in the cigarette business.
The company is also seeking a global expansion of its nutrition business, its ginseng, potentially with overseas beverage and cosmetics makers. KT&G Corp. 5 percent of its issued shares last month.
9 trillion won. The share cancellation was in line with a recently passed revision to the Commercial Act aimed at improving corporate governance. A new shareholder return policy, focusing on strengthening dividend payments, will be announced in the second half of the year.
Yonhap reported that KT&G Corp.
Key Facts
Story Timeline
3 events- 2026-04
KT&G Corp. canceled 9.5 percent of its issued shares, worth around 1.9 trillion won
1 sourceYonhap - 2026-01 to 2026-03
KT&G Corp. reported Q1 net profit of 378.2 billion won, up 46.6 percent, with sales of 1.7 trillion won
1 sourceYonhap - 2026-05-07
KT&G Corp. released Q1 2026 earnings and future business plans
1 sourceYonhap
Potential Impact
- 01
Continued overseas cigarette growth despite Middle East tensions positions KT&G for stable international performance
- 02
Enhanced shareholder returns through higher dividends and prior share cancellation could support KT&G stock valuation in the second half of 2026
- 03
Successful global expansion of next-generation products and ginseng nutrition business may diversify revenue beyond traditional tobacco
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