KT&G shrugs off military ban

1-Aug-2006

South Korean tobacco supplier Korea Tobacco & Ginseng Corp (KT&G) has reported a 16% rise in second-quarter profit compared with the same period last year, dismissing concerns that a recently-introduced ban on sales to Korean military personnel would be damaging

Article Preview:

Net profit grew to W156.1bn ($164.3m), driven by sales of Pine, Esse, Zest and Cima cigarettes both in its home market and abroad.

Last year the South Korean government withdrew

........
Login To Read More | Subscribe To Read More
Your Comments On This Article

Name:
Email:
- Not displayed on website
Comments:
Please note:
Only alpha-numeric characters allowed for comments
Security Image:
Please enter image text in the security code field
Security Code:
 

Related Stories

Articles bearing the symbol  require subscription.

(1-Feb-2006) - Tobacco brands from international suppliers will not be affected by South Korea's decision to ban duty-free tobacco sales to its military personnel, industry campaigners have told DFNI
(5-Jan-2006) - The proposed ban on duty-free tobacco sales to military personnel will only affect local brands, DFNI Asia can reveal
(27-Jun-2002) -
(31-Mar-2005) - The country's duty-free industry is on alert as the Korean Health Promotion Bureau lobbies for the adoption of the WHO's Framework Convention on Tobacco Control and the withdrawal of tax-free sales at military stores
(15-Apr-2005) - Incheon International Airport Corp (IIAC) is optimistic about the future of duty-free tobacco sales despite increasingly strict measures governing the sale of tobacco in the country