KT&G Q1 net income down 3.4 pct to 263.4 bln won

KT&G-Q1 earnings

KT&G Q1 net income down 3.4 pct to 263.4 bln won

SEOUL, May 12 (Yonhap) -- KT&G Corp. on Thursday reported its first-quarter net profit of 263.4 billion won (US$205.2 million), down 3.4 percent from a year earlier.

The company said in a regulatory filing that operating income for the January-March period rose 6.3 percent on-year to 333 billion won. Revenue increased 16.1 percent to 1.4 trillion won.

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