KT&G reported a record third quarter, with revenue rising 11.6% year‑on‑year to KRW 1.83 trillion ($1.3 billion) and operating profit climbing 11.4% to KRW 465.3 billion ($321 million) — its strongest operating result in five years. The company said a 24.9% jump in global cigarette sales powered the gains, while domestic sales and next‑generation products remained solid.

In response to the performance, KT&G raised its full‑year revenue and profit outlook to target double‑digit growth and reaffirmed its shareholder return plans: a minimum dividend of KRW 6,000 ($4.14) per share and KRW 260 billion ($179 million) in stock buybacks. The company also remains on track to expand its nicotine pouch business through a planned joint acquisition of Another Snus Factory with Altria by year‑end.

This article was adapted from an original report published on tobaccoreporter.com. All rights belong to the original publisher.