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 465.5 billion won, up 15.0 percent.
The results extended Coway's growth in its home-appliance rental and air- and water-care businesses. The company reported the figures in a February 16, 2022, release covering the fourth quarter and full year.
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