KT&G sees record profit as KB Securities keeps Buy on KT&G stock

Published on 10/14/2026 at 04:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

For KT&G stock, third-quarter revenue is forecast at KRW 1.92 trillion. Operating profit is seen at KRW 515.5 billion, up 10.8 percent year over year.

Profit outlook and reporting date

Seoul Economic Daily reported a record third-quarter profit forecast on October 11, 2026.
KT&G reported KRW 1.70 trillion in second-quarter revenue and KRW 414.5 billion in operating profit.
KT&G is scheduled to report third-quarter results on October 29, 2026.

KT&G, KR7033780008, Illustration mit AI erstellt.

KT&G (KR7033780008) is heading toward a projected record third-quarter profit, while KB Securities kept its Buy rating on KT&G stock on October 7, 2026. The brokerage expects third-quarter operating profit of KRW 496.8 billion and revenue of KRW 1.9384 trillion, with overseas cigarette sales and tobacco margins providing the main earnings support.

Three dated operating milestones

On August 6, 2026, KT&G presented second-quarter results showing revenue of KRW 1.70 trillion and operating profit of KRW 414.5 billion, according to The Korea Herald. The reported operating profit was up 18.5 percent year over year, while overseas revenue rose 18.9 percent to KRW 557.7 billion.

On September 22, 2026, KT&G announced a KRW 360 billion share buyback and retirement program, with first-half revenue of KRW 3.4052 trillion and operating profit of KRW 779.0 billion, as Yahoo Finance reported.

On October 7, 2026, KT&G said its new Indonesian plant would support a global production structure with potential annual cigarette capacity of 35 billion sticks, according to the company’s investor-relations page at KT&G.

What does the forecast mean?

Seoul Economic Daily reported on October 11, 2026 that Kyobo Securities forecast third-quarter revenue of KRW 1.9186 trillion and operating profit of KRW 515.5 billion, increases of 5.0 percent and 10.8 percent from a year earlier. KB Securities projected revenue of KRW 1.9384 trillion and operating profit of KRW 496.8 billion, up 6.1 percent and 6.7 percent.

The estimates point to a quantified split in KT&G’s growth engine. Kyobo Securities expects overseas cigarette revenue to rise 10 percent in the third quarter, while KB Securities sees 12 percent growth; the latter also estimates volume growth of 6.4 percent and average selling price growth of 5.3 percent.

Next reporting date

KT&G’s next reported earnings date is October 29, 2026, according to Investing.com. The date will test whether overseas cigarette growth and production-cost savings are translating into the record operating-profit forecasts.

KT&G operating profile

KT&G operates in tobacco and related consumer businesses and is listed on the Korea Exchange KOSPI market under ticker 033780. The company’s fiscal year ends in December, and its 2026 second-quarter operating margin was 24.4 percent.

Market context: Market report KOSPI.