Coway news and press releases.

Company announcements, direct sales updates and archived press coverage associated with Coway.

Coway news archive

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 billion won, up 4.3%. Domestic revenue was 786.8 billion won, up 7.7%, while overseas subsidiaries generated 587.5 billi...

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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 P...

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Coway Second Quarter Revenue Rises 2.9 Percent to 1.006 Trillion Won

SEOUL, South Korea, Aug. 9, 2023 -- Coway Co., Ltd. reported second-quarter 2023 consolidated revenue of 1,006.2 billion won, up 2.9 percent year over year, with operating profit of 194.2 billion won, up 10.3 percent. Domestic health-appliance revenue rose 2.9 percent to 590.4 billion won, aided ...

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Coway First Quarter Revenue Rises 2.2 Percent to 948.3 Billion Won

SEOUL, South Korea, May 12, 2023 -- Coway Co., Ltd. reported first-quarter 2023 consolidated revenue of 948.3 billion won, up 2.2 percent year over year, with operating profit of 175.6 billion won, up 1.7 percent. Domestic home-appliance revenue rose 3.7 percent to 580.4 billion won, aided by wat...

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Coway Fourth Quarter Revenue Rises 3.6 Percent to 980.2 Billion Won

SEOUL, South Korea, February 19, 2023 -- Coway Co., Ltd. reported fourth-quarter 2022 revenue of 980.2 billion won, up 3.6 percent year over year, with operating profit of 163.7 billion won, up 17.5 percent, and net profit of 76.1 billion won, down 12.9 percent. Full-year revenue was 3,856.1 bill...

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Coway Appoints Jangwon Seo as Sole Chief Executive Officer

SEOUL, South Korea, January 2, 2023 -- Coway Co., Ltd. said it is changing from a co-chief executive structure to a sole chief executive system. Jangwon Seo, who had been co-chief executive officer, will become the sole chief executive officer as co-CEO Hae-Sun Lee retires and moves into a part-t...

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Coway Third Quarter Revenue Rises 4 Percent to 969.8 Billion Won

Coway said third-quarter 2022 revenue was 969.8 billion won, up 3.8 percent from a year earlier, and operating profit rose 0.8 percent to 165.1 billion won. Year-to-date revenue reached 2,875.9 billion won, up 5.8 percent, with operating profit of 513.7 billion won, up 2.5 percent. Domestic envir...

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Coway Second Quarter Revenue Rises 8 Percent to 978 Billion Won

Coway said second-quarter 2022 revenue was 978.2 billion won, up 8.0 percent from a year earlier. Operating profit rose 5.7 percent to 176.0 billion won and net profit rose 14.4 percent to 132.5 billion won. First-half cumulative revenue reached 1,906.2 billion won, with operating profit of 348.7...

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