the larger takeaway is just how much oil the wrapper has on it
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Although the Group does not believe that these measures are a substitute for IFRS measures, the Group does believe such results excluding the impact of adjusting items and currency fluctuations that may significantly affect the users' understanding of the Group's performance when compared across period, as applicable, provide additional useful information to users of the financial statements regarding the underlying performance of operating performance on a local currency basis (see page 12) and the business on a comparable basis
Backed by region-specific strategies and expanded direct sales channels, KT&G, which now exports to 135 countries, has positioned its ultra-slim cigarette brand, Esse, at the forefront of global markets
Claro wrappers contribute very little flavor of their own, acting more like a canvas that lets the filler tobaccos shine