Net cash-like assets of about KRW 374.5bn against a market capitalisation of KRW 214.9bn. But much of that cash sits in marketable financial assets, which is what makes net profit swing so widely.
A ‘patriotic company’ story lifted the shares past the KRW 30bn delisting threshold to about KRW 52.5bn. Behind the premium sit a 1.8% operating margin, falling revenue and a net loss.
In 2025 overseas cigarette revenue overtook domestic for the first time at KT&G. What that shift means for a company long treated as a defensive domestic-demand dividend stock.