[Special Stock] KT&G Rises on Strong Core Business and Value-Up Benefit Expectations

KT&G's stock price is on the rise. The improvement in its core business and expectations of value-up benefits appear to be influencing the stock price.

As of 9:52 AM on the 22nd, KT&G is trading at 91,600 KRW, up 1.33% from the previous day.

Sim Eun-joo, a researcher at Hana Securities, stated, "Despite sluggish total demand for cigarettes domestically, the market share continues to rise, and the gradual recovery of duty-free channels along with product mix improvements are also positive." She added, "On the export side, the company has announced plans to achieve double-digit volume growth by expanding its dominance in the Indonesian market and fostering new markets such as Latin America. Additionally, the acceleration of volume recovery toward the Middle East starting from the second quarter is noteworthy."

Furthermore, she said, "The proactive shareholder return policy aligns with the government's value-up policy. It is time for the policy benefit expectations to be reflected in the stock price."