KT&G Corp. (033780.KS), a manufacturer and distributor of tobacco products, on Friday reported net income declined in the fourth quarter compared with the previous year.
For the fourth quarter, net income attributable to shareholders of the parent company declined to KRW 1.08 trillion from KRW 1.17 trillion in the prior year.
Operating income surged to KRW 248.82 billion from KRW 212.51 billion in the prior year.
Net sales increased to KRW 1.71 trillion from KRW 1.56 trillion in the previous year.
KT&G closed trading 0.93% higher at KRW 163,300 on the Korean Stock Exchange.
For comments and feedback contact: editorial@rttnews.com
Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.