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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.

Yonhap
1 source·May 7, 8:20 AM(2 hrs ago)·1m read
KT&G Q1 Net Profit Rises 46.6% to 378.2 Billion Won on Overseas Cigarette Salesdutchnews.nl
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KT&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

KT&G Q1 2026 net profit reached 378.2 billion won
This represents a 46.6 percent increase from the year-earlier period and equals US$260.6 million, driven by 24.6 percent overseas tobacco sales growth and 51.5
KT&G canceled 9.5 percent of issued shares last month
The canceled shares were valued at around 1.9 trillion won and aligned with a revision to the Commercial Act for better corporate governance.
KT&G plans new shareholder return policy
The policy focusing on strengthening dividend payments will be announced in the second half of 2026.

Story Timeline

3 events
  1. 2026-04

    KT&G Corp. canceled 9.5 percent of its issued shares, worth around 1.9 trillion won

    1 sourceYonhap
  2. 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
  3. 2026-05-07

    KT&G Corp. released Q1 2026 earnings and future business plans

    1 sourceYonhap

Potential Impact

  1. 01

    Continued overseas cigarette growth despite Middle East tensions positions KT&G for stable international performance

  2. 02

    Enhanced shareholder returns through higher dividends and prior share cancellation could support KT&G stock valuation in the second half of 2026

  3. 03

    Successful global expansion of next-generation products and ginseng nutrition business may diversify revenue beyond traditional tobacco

Transparency Panel

Sources cross-referenced1
Confidence score75%
Synthesized bySubstrate AI
Word count224 words
PublishedMay 7, 2026, 8:20 AM
Bias signals removed1 across 1 outlet
Signal Breakdown
Loaded 1

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