JT International Bhd's (JTI) market share in the first half of this year increased to 19.6 per cent from 18.4 per cent in the same period last year.
"The increase was driven by the value segment leader, Winston, which increased its market share to 10.7 per cent from 9.5 per cent," it said in a statement today.
JTI said it was concerned illicit cigarettes might continue its growing dominance of the market and appealed to the government to take the necessary steps to limit their growth.
"The company will continue to work closely with the government on this serious issue in order to curb the growth of illicit cigarettes," it said.
On outlook, JTI said in the first half of 2010, the tobacco industry recorded a contraction of 1.1 per cent in volume compared with the previous year's double-digit decline.
JTI's pre-tax profit for the second quarter ended June 30, 2010 rose to RM45.05 million from RM40.78 in the same period last year.
Revenue increased to RM298.51 million from RM288.89 million previously.
For the six-month period, pre-tax profit rose to RM95.74 million from RM85.67 million previously. Revenue rose to RM611.68 million from RM580.39 previously. -- Bernama
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