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KT&G Corporation - KTCIY STOCK NEWS

Welcome to our dedicated page for KT&G Corporation news (Ticker: KTCIY), a resource for investors and traders seeking the latest updates and insights on KT&G Corporation stock.

KT&G Corporation (KTCIY) delivers innovative tobacco products and Next Generation nicotine solutions through strategic global partnerships. This news hub provides investors with essential updates on corporate developments, manufacturing advancements, and market expansions.

Access timely reports on earnings announcements, product innovations in heat-not-burn technology, and international distribution agreements. Track governance updates including shareholder return initiatives and board nomination processes aligned with global best practices.

Our curated collection features press releases about factory operations, R&D breakthroughs in alternative nicotine delivery systems, and regulatory compliance achievements. Stay informed about strategic collaborations that enhance KT&G's position in 30+ international markets.

Bookmark this page for verified updates directly from corporate communications and trusted financial sources. Check regularly for new developments in KT&G's dual focus on traditional tobacco expertise and Next Generation Product leadership.

News

KT&G posts record quarterly revenue in 2023 3Q; robust performance in core business areas

Rhea-AI Summary
KT&G (KRX:033780) announced record-high quarterly revenue of KRW 1.69 trillion, a 4% increase from the same quarter last year, driven by solid performance in combustible business. Overseas combustible business saw double-digit growth in sales volume and revenue, with impressive increases of 26.3% and 21% YoY, respectively. The Heat Not Burn business also recorded double-digit increases in both domestic and overseas sales figures.
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Korea Ginseng Corp. Makes Waves in the Global Ginseng Raw Ingredient Market, Introducing JungKwanJang G1899 at SupplySide West 2023

Rhea-AI Summary
Korea Ginseng Corp. US (KGCUS) recently participated in SupplySide West, the largest food and health food raw material exhibition in North America. The company showcased its Korean red ginseng brand, G1899, and highlighted the rigorous quality control processes and scientific research behind its products. KGCUS exports over 250 products to more than 40 countries and aims to promote the excellence of red ginseng in the global health functional food market.
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Korea Ginseng Corp. introduces the sparkling herbal drink HSW to WaBa Grill's health-conscious consumers as part of its 'Food as Medicine' trend

Rhea-AI Summary
Korea Ginseng Corp. US (KGCUS) announces partnership with WaBa Grill to introduce Korean Red Ginseng-infused sparkling herbal drinks to their menu. The drinks, HSW Calm, HSW Recharge, and HSW Sharp, target stress support, energy, and focus respectively. Available at all WaBa Grill locations in California and Arizona.
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KT&G to establish a new factory in Kazakhstan that will serve as a Global Manufacturing Innovation Hub

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KT&G to establish a new factory in Kazakhstan that will serve as a global manufacturing innovation hub
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Korea Ginseng Corp. Unveils Innovative Guerilla Marketing Approach with HSW Sparkling Herbal Beverages

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Korea Ginseng Corp. unveils new promotional trailer showcasing three innovative beverages: Sharp, Recharge, and Calm. Expands reach on the East Coast and now focuses on guerrilla marketing in California. Aligns brand with healthy lifestyle trend.
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Seoul St. Mary's Hospital Found Red Ginseng Oil is Excellent for Improving Prostatic Hyperplasia

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Red ginseng oil found to be safe and effective for improving prostatic hyperplasia
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Korea Ginseng Corp. and Kabuki Host Grand Launch of Korean Red Ginseng Cuisine: Elevating the 'Food as Medicine' Trend to the Next Level

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Kaizen Group and Korea Ginseng Corp. launch joint venture with focus on 'food as medicine' trend
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KT&G reports 2023 second quarter results; Overseas Heat Not Burn volume growth of 72.7%

Rhea-AI Summary
KT&G Corporation (KRX:033780) announces robust shareholder return program with share repurchase, cancellation of KRW 300 billion, and first-ever interim dividend. The company posted consolidated revenue of KRW 1.336 trillion and operating profit of KRW 242.9 billion for Q2 2023. Impressive growth in Heat Not Burn category and combustibles exports drove the company's performance.
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Expanding Global Presence: Korea Ginseng Corp. Leads in Guerrilla Marketing From New York Times Square and Rockefeller Center to LA Street Fair, Taking the Lead in Capturing the U.S. Herbal Market

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Korea Ginseng Corp. hosts sponsorship signing ceremony with LPGA star Andrea Lee

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232.56M
Tobacco Manufacturing
Manufacturing
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South Korea
Daejeon