Coway news and press releases.

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

Coway news archive

Coway First Quarter Revenue Rises 5.6 Percent to 928 Billion Won

Coway said first-quarter 2022 revenue was 928.0 billion won, up 5.6 percent from a year earlier. Operating profit was 172.7 billion won, up 1.1 percent, and net profit was 135.0 billion won, up 7.3 percent. Domestic environmental home-appliance revenue was 559.5 billion won with 6.56 million acco...

Read full story

Coway Fourth Quarter Revenue Rises 9.7 Percent to 945.9 Billion Won

Coway said fourth-quarter 2021 revenue was 945.9 billion won, up 9.7 percent from a year earlier, with operating profit of 139.2 billion won, up 7.3 percent. Full-year 2021 revenue was 3,664.3 billion won, up 13.2 percent, operating profit was 640.2 billion won, up 5.6 percent, and net profit was...

Read full story

Coway Third Quarter Revenue Rises 16.7 Percent to 934 Billion Won

Coway reported third quarter revenue of 934.0 billion won, up 16.7 percent from a year earlier. Operating profit was 163.8 billion won, down 2.9 percent. For the first nine months, sales were about 2,718.4 billion won, up 14.5 percent, and operating profit was 501.0 billion won, up 5.1 percent. F...

Read full story

Coway Second Quarter Revenue Rises 12.4 Percent to 905.4 Billion Won

Coway reported second-quarter revenue of 905.4 billion won, up 12.4 percent and the largest quarter in company history. Operating profit was 166.4 billion won, down 1.6 percent. Net profit was 115.8 billion won, down 2.6 percent. Chief financial officer Soon Tae Kim said new products and overseas...

Read full story