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Korea Tobacco & Ginseng Corporation

From Wikipedia, the free encyclopedia

KT&G Corporation
Native name
주식회사 케이티앤지
FormerlyKorea Tobacco & Ginseng Corporation
Company typePublic
KRX: 033780
IndustryTobacco
PredecessorKorea Monopoly Corporation
FoundedApril 1989; 35 years ago (1989-04)
Headquarters
Daejeon
,
South Korea
Key people
Bok-In Baek
(President & CEO)[1]
ProductsCigarettes
RevenueIncrease USD 3.9 billion [2] (2018)
Decrease USD 1.07 billion [2] (2018)
Total assetsUSD 10.1 billion [3] (2018)
SubsidiariesKGC
Yungjin Pharm
Footnotes / references
[4][5][6]

KT&G Corporation (Korean: 주식회사 케이티앤지), originally Korea Tobacco & Ginseng, is the leading tobacco company in South Korea with annual sales over US$4 billion. KT&G was originally a government-owned monopoly but was privatized and today is publicly traded, competing for market share with other international tobacco firms such as Philip Morris International, British American Tobacco, and Japan Tobacco.[5] KT&G's sales volume share was 62% of the Korean market in 2009.[7]

KT&G also owns significant subsidiaries such as Korea Ginseng Corporation, Yungjin Pharm (a pharmaceuticals company), and several bio ventures. Its headquarters are in Daejeon.

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Transcription

Brands

KT&G produces popular Korean cigarette brands such as The One, Indigo, Arirang, This, This Plus, Zest, Esse, Raison, and Lo Crux. It has been expanded outside Korea, especially through its superslim brand Esse in Russia and other Eastern European markets.

See also

References

  1. ^ "KT&G Corporation: CEO and Executives". www.bloomberg.com. Retrieved 2018-03-12.
  2. ^ a b "KT&G rakes in record-high global sales of $979 mn in 2017". pulsenews.co.kr. Retrieved 2018-03-12.
  3. ^ "033780:Korea SE Stock Quote - KT&G Corp". Bloomberg.com. Retrieved 2018-03-12.
  4. ^ "KT&G Corporation: Private Company Information". www.bloomberg.com. Retrieved 2018-03-12.
  5. ^ a b "History of KT&G Corporation". www.fundinguniverse.com. Retrieved 2018-03-12.
  6. ^ "Our Story, Cheong Kwan Jang's Ginseng, best ginseng - Korea Ginseng Corp". www.kgcus.com. Retrieved 2018-03-12.
  7. ^ "Tobacco in South Korea". euromonitor. Aug 2010. Retrieved 2 Jan 2011.

External links

Wikimedia Commons has media related to KT&G.
  • Official website
  • Business data for KT&G:
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This page was last edited on 11 April 2024, at 07:52
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