Coway Third Quarter Revenue Rises 14 Percent on Ice Water Purifiers and Malaysia Growth

SEOUL, South Korea -- November 6, 2025

Coway reported third-quarter revenue of 1,254.4 billion won, up 14.0 percent from a year earlier, and operating profit of 243.1 billion won, up 17.4 percent. For the first nine months of 2025, revenue rose 15.8 percent to 3,688.2 billion won and operating profit increased 13.9 percent to 697.0 billion won.

Domestic revenue grew 12 percent to 740.2 billion won, driven by the new Icon Ice Water Purifier series, which lifted sales of Coway's ice water purifiers by about 25 percent year on year in August and September, a record for the category. Overseas revenue increased 19.9 percent to 469.3 billion won, led by Malaysia, where revenue rose 20 percent to 352.1 billion won. U.S. revenue grew 7.8 percent to 57.5 billion won and Thailand revenue jumped 28.5 percent to 41.8 billion won.

"Strong sales of our leading home environment appliances, along with the steady growth of our BEREX lineup of beds and massage chairs, have driven overall performance this quarter," said Chief Financial Officer Soon Tae Kim, adding that Coway will continue to strengthen future growth drivers across domestic and global markets.