KT&G 2024 Net Profit Surges by 23.8% to 1.14 Trillion Won

Seoul: KT and G Corp. on Thursday reported a net income of 1.14 trillion won (US$788.9 million) for 2024, marking a 23.8 percent increase from the previous year.

According to Yonhap News Agency, the company revealed in a regulatory filing that its operating profit for the year reached 1.18 trillion won, compared to 1.16 trillion won in the previous year. Additionally, KT and G's annual revenue experienced a 0.8 percent rise, amounting to 5.9 trillion won.