Coway
August 8, 2025
SEOUL, South Korea -- August 8, 2025
Coway reported second-quarter 2025 revenue of 1,258.9 billion won, or about 1.26 trillion won, up 16.3 percent from a year earlier. Operating profit rose 14.9 percent to 242.7 billion won.
Domestic revenue rose 11.4 percent to 730.3 billion won, driven by new products including the Icon Pro water purifier and the NOBLE dehumidifying air purifier, and net rental account additions reached 160,000. Revenue from overseas subsidiaries climbed 23.7 percent to 472.8 billion won, led by Malaysia at 355.5 billion won, up 23.9 percent, with the United States at 58.1 billion won, up 1.0 percent, and Thailand at 42.9 billion won, up 49.5 percent.
First-half revenue rose 16.8 percent to 2,433.8 billion won and operating profit rose 12.1 percent to 454.0 billion won. Chief Financial Officer Soon Tae Kim said investment in research and development, marketing and digital transformation is delivering results, and that the company aims to reinforce its market leadership in the second half through products such as its ice water purifiers and BEREX massage beds and chairs.