KT&G Second-Quarter Profit Jumps 27 Percent on More Cigarette Sales Abroad

(Bloomberg) -- KT&G Corp., South Korea's biggest
tobacco company, reported second-quarter profit rose 27 percent
as it sold more cigarettes overseas.

Net income rose to 197.5 billion won ($216 million) in the
three months ended June 30, from 156.1 billion won a year earlier,
Daejeon-based KT&G said in a regulatory filing today.


Read more at Bloomberg Emerging Markets News