KTCIF News and Press, KT&G Corporation

2023-08-03 15:35:00 ET KT&G Corporation press release ( OTCPK:KTCIF ): Q2 revenue of KRW 1.336 trillion operating profit of KRW 242.9 billion. For further details see: KT&G Corporation reports Q2 results

Summary Philip Morris International Inc. finished 2022 with a solid 2022. Despite cost headwinds, Adjusted EPS grew 11.9% excluding currency and Russia/Ukraine. Heated Tobacco Unit shipments grew 14.9% in 2022, including 40.1% in the European Union, and cigarette volumes were stable. ...

Summary "Dividend Aristocrats" is an S&P term for stocks that have raised their annual dividend every year for many years, 25 in the US or 10 internationally. As a strategy, investing in dividend aristocrats is backwards-looking, but does a decent job of screening companies with som...

An activist investor is said to have acquired a stake in Korean tobacco firm KT&G ( OTCPK:KTCIF ) and is pushing for the company to improve, including spinning off its ginseng business. Flashlight Capital Partners, which was founded by Carlyle Group's former head of Korea, i...

We believe Friday's ITC ruling against IQOS, in the U.S. patent lawsuit brought by British American Tobacco, has limited impact. We believe patent claims against IQOS have no merit; Philip Morris has already successfully invalidated several in other courts globally. The ITC can ba...

PM’s growth drivers remained on track in Q1, driving what we expect to be a low-teens annualized return, including a 5.1% Dividend Yield. Cigarette volumes were broadly stable, though reported declines were higher due to elevated shipments at the start of COVID last year. M...

The 5.8% fall in Philip Morris' share price after Q3 results on Tuesday was an over-reaction, partly due to some reported figures looking mixed. Year-on-year revenue decline was due to temporary issues like the lack of Duty Free sales during COVID-19; underlying trends were mostly sol...

Tobacco companies will start reporting results this week, with Imperial Brands' update on Thursday. We outline 4 key questions for investors. One question is how U.S. cigarette volumes may be affected by Juul, the PMTA deadline, California flavors ban, nicotine pouches and IQOS. E...

Introduction We initiated our Buy rating on Philip Morris ( PM ) last June. After rising to near $90, shares have fallen with the rest of the market since March, and are now basically flat (including dividends) since our initiation. During this period, PM has significantly outperformed ...

(We previously wrote about Philip Morris as " Blue Sky Capital ") Introduction Philip Morris ( PM ) shares have returned 15.8% (including $3.48 in dividends) since our initial Buy rating in June 2019, significantly ahead of Altria ( MO ) ( upgraded to Buy this month ) and Imperial Bran...