Q3 2025 KT&G Corp Earnings Call Transcript

Nov 6, 2025 / 07:00 AM GMT
Release Date Price: $31.8

Key Points

Positve
  • KT&G Corp (XKRX:033780) achieved record-high quarterly operating profit and revenue, marking the highest ever for a quarter.
  • The company reported double-digit growth in both revenue and operating profit on a consolidated basis.
  • The global CC business continued its streak of record high earnings for three consecutive quarters, with both volume and ASP growing in double-digits.
  • KT&G Corp raised its full-year guidance for 2025, anticipating double-digit growth in revenue and operating profits compared to the previous year.
  • The company is expanding into the nicotine pouch category, partnering with Altria and planning global market expansion starting next year.
Negative
  • Net income was impacted by currency fluctuations, although higher currency-related non-operating profits drove income up.
  • The health functional food (HFF) business faced revenue decline due to subdued consumer sentiment and price pressure.
  • The share of global revenue in HFF declined due to lower revenue from Greater China.
  • There was a significant increase in costs connected to the volume increase in the tobacco business.
  • The domestic HFF market is experiencing erosion in profitability, prompting the need for strategic channel growth and global expansion.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

033780.KS - KT&G Corp
Q3 2025 KT&G Corp Earnings Call
Nov 06, 2025 / 07:00AM GMT

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Presentation
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Unidentified_1 [1]
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Ladies and gentlemen, thank you for attending today.

We will now begin the conference call for KT&G's 2025 3rd quarter earnings report.

After the presentation from KTNG, there will be a Q&A session with the participants to the call. If you wish to participate with a question, please press star and the number 1.

We will now begin with KT&G's presentation.

Ladies and gentlemen, I am Kate Park, head of investor relations at KT&G.

Thank you for attending KT&G's 2025 3rd quarter earnings report.

Today's presentation will be provided in English in simultaneous interpretation and the Q&A session in consecutive interpretation. The materials can be found via the live
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