KT&G Corporation (033780) Earnings: 2Q Operating Profit Surges 32% Year-Over-Year, Exceeding Estimates

KT&G Corporation on Smartkarma

Analyst coverage of KT&G Corporation on Smartkarma is gaining attention from investors. Douglas Kim, a prominent analyst, recently published a research report titled “KT&G: A Strong Candidate for Outperformance Amid Increased Signs of Market Fears“. Kim’s bullish sentiment highlights KT&G as a potential outperformer, especially amidst rising market concerns.

In the report, Kim emphasizes KT&G Corporation‘s (033780 KS) positive outlook, noting the company’s potential for growth amid market uncertainties. One key insight provided is the likelihood of cigarette price hikes in Korea in the second half of 2024. Additionally, KT&G’s shareholder return policy, aiming to deliver significant cash dividends and share buybacks, underscores the company’s commitment to enhancing shareholder value in the coming years.

A look at KT&G Corporation Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, KT&G Corporation has a positive long-term outlook. With a high Dividend score of 5, investors can expect strong dividend payouts from the company. This is complemented by solid scores in Resilience and Momentum, indicating a stable performance and positive market trends. While the Value and Growth scores are moderate, the overall outlook remains favorable for KT&G Corporation.

KT&G Corporation, known for its involvement in the tobacco and ginseng products industry, also diversifies into real estate development. This diversification could potentially provide additional sources of revenue and long-term sustainability for the company. With a balanced combination of high dividend payouts, resilience, and positive market momentum, KT&G Corporation appears well-positioned for sustainable growth in the future.

### Summary: KT&G Corporation processes, produces, and sells cigarettes and other tobacco products. The Company, through its subsidiaries, manufactures ginseng products such as red ginseng tea and herbal medicines. KT&G is also involved in real estate development of its former factory sites. ###

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