THE INVESTOR

메뉴열기
November 17, 2019

KT&G’s overseas sales hit all-time high

PUBLISHED : January 20, 2017 - 17:43

UPDATED : January 20, 2017 - 17:44

  • 본문폰트 작게
  • 본문폰트 크게
  • 페이스북
  • 트위터
  • sms

[THE INVESTOR] South Korean tobacco manufacturer KT&G said on Jan. 20 its overseas sales reached an all-time high of 48.7 billion cigarettes last year, up 4.7 percent from 2015. Revenue also hit a record of US$812.1 million.

The growth can be attributed to the expansion of its distribution network especially in emerging markets such as Asia, Africa and South America, as well as its customized products that reflect consumer taste in different countries. 




KT&G, which has been exporting cigarettes since 1988, has established a number of local factories in Iran and Russia, starting with Turkey in 2008. In 2011, the company also purchased a tobacco company in Indonesia.

“We have become a global tobacco company that currently exports products to more than 50 countries. With our product development and aggressive investment strategy, we will continue to expand our exports,” a KT&G official said.

Last year, KT&G reorganized its global operations, relocating its US branch to Dallas.

One of the top-selling brands is Esse, which accounts for more than half the overseas sales and dominates over one-third of the world’s ultra-slim cigarette sales.

By Alex Lee (alexlee@heraldcorp.com)

  • 페이스북
  • 트위터
  • sms
최상단으로
Herald Corporation|CEO : Kwon Chung Won
Publisher. Editor : Kwon Chung Won
Chief Privacy Officer & Juvenile Protection Manager : Yang Sung-jin
Title : The Investor|Date of registration : 2015.04.28
Company Registration No. 104-81-06004
Mail-Order Business Registration 2016 - Seoul Yongsan - 00590
Huam-ro 4-gil 10, Yongsan-gu, Seoul, Korea
T : +82-2-727-0114|Business info
Gov’t registration No. Seoul 아04099
COPYRIGHT HERALD CORPORATION. ALL RIGHTS RESERVED.