KT&G IR: What was discussed?

KT&G held an IR session on September 23, 2025, at 4 PM to enhance investor understanding and strengthen communication with shareholders. The session covered explanations of current management issues and a Q&A.

KT&G Fundamental Analysis: Why should investors pay attention?

  • Solid Performance: KRW 3.039 trillion in revenue in the first half of 2025 (11.9% YoY growth), driven by strong tobacco and real estate businesses.
  • Business Diversification: A diverse portfolio including tobacco, real estate, health functional foods, pharmaceuticals, and cosmetics.
  • Shareholder Return Policy: Active efforts to enhance shareholder value through treasury stock acquisition and cancellation, and interim dividends.
  • Strengthened ESG Management: Expected long-term corporate value increase through sustainable management and energy efficiency improvements.

Key IR Takeaways and Investment Strategies: What should investors do?

  • Positive Factors: Transparent disclosure of management information, clarification of growth drivers, and sharing of ESG management performance.
  • Potential Risks: Decline in health functional food sales, exchange rate and interest rate volatility, intensifying competition and regulatory changes.
  • Investment Opinion: Neutral. Despite solid fundamentals, additional growth catalysts are needed.
  • Key Points to Watch: Global expansion strategy for next-generation tobacco, health functional food business outlook, real estate business plan, shareholder return policy, ESG management goals, and strategies to respond to the macroeconomic environment.

Action Plan for Investors

Investors should closely monitor the announcements made during the IR and the market’s reaction and incorporate them into their investment decisions. Pay particular attention to the growth potential of new business segments and successful entry into overseas markets.