Coway First Quarter Revenue Rises 13 Percent to 1.33 Trillion Won
SEOUL, South Korea -- May 8, 2026
Coway reported first-quarter 2026 consolidated revenue of 1,329.7 billion won, up 13.2% from a year earlier, and operating profit of 250.9 billion won, up 18.8%.
Domestic revenue rose 9.5% to 742.8 billion won, aided by new products including the Icon Ice Water Purifier 3 and BEREX Pebble Chair 2, the Therasol home medical device brand, and the Coway Festa promotion. Net rental account additions reached 188,000 in the quarter, up 81.8%. Overseas subsidiary revenue rose 20.2% to 537.0 billion won, led by Malaysia at 406.2 billion won, up 23.5%. Thailand revenue rose 29.3% and Indonesia rose 14.7%, while the U.S. subsidiary fell 4.1%.
CFO Soontae Kim said balanced growth at home and abroad positions Coway to pursue profitable expansion through product launches and marketing in 2026.
More Coway news
Developer Cuts Coway Airmega Purifier Off From Company Cloud After Finding Certificate Sent Over Plain HTTP
SEOUL, South Korea - November 15, 2026 A software developer has published a method for cutting a Coway Airmega IconS air purifier off from Coway's IoCare+ cloud service and...
Coway First Quarter Revenue Rises 5.6 Percent to 1.002 Trillion Won
Coway Co., Ltd. reported first quarter 2024 revenue of 1,001.8 billion won, up 5.6 percent from a year earlier, with operating profit of 193.7 billion won, up 10.3 percent....
Coway Fourth Quarter Revenue Rises 2.5 Percent to 1.004 Trillion Won
SEOUL, South Korea -- February 8, 2024 Coway Co., Ltd. reported fourth quarter 2023 revenue of 1,004.4 billion won, up 2.5 percent from a year earlier, with operating profit of...
Coway Q3 Revenue Rises 14% to 1.43 Trillion Won as Overseas Growth Hits Record Operating Profit
SEOUL, South Korea - November 6, 2026 Coway Co., Ltd. reported third-quarter 2026 revenue of 1.4261 trillion won on November 6, up 13.7 percent from a year earlier, and said...
Coway Second Quarter Revenue Rises 14.6 Percent to 1.442 Trillion Won
SEOUL, South Korea -- August 7, 2026 Coway reported second-quarter 2026 consolidated revenue of 1,442.2 billion won, up 14.6% from a year earlier, and operating profit of 253.2...