Coway news and press releases
Company announcements, direct sales updates and archived press coverage for Coway.
Coway news archive
Coway Q3 Revenue Rises 14% to 1.43 Trillion Won as Overseas Growth Hits Record Operating Profit
SEOUL, South Korea - November 6, 2026 Coway Co., Ltd. reported third-quarter 2026 revenue of 1.4261 trillion won on November 6, up 13.7 percent from a year earlier, and said operating profit rose 7.3 percent to a record 260.8 billion won as overseas subsidiaries and new product categories kept...
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 billion...
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...
Coway Shareholders Approve Board Slate and Cumulative Voting, Reject Activist Proposals
Coway said shareholders approved all of the board's proposals as submitted at its 37th annual general meeting, held at the company's head office in Gongju, South Korea. Inside directors Junhyuk Bang, Jangwon Seo and Kim Soon-tae were re-elected, Jeon Si-mun was elected as a new outside director...
Coway 2025 Revenue Rises 15.2 Percent to Record on Overseas Growth
SEOUL, South Korea -- February 6, 2026 Coway reported 2025 revenue of 4,963.6 billion won, up 15.2 percent from the prior year, and operating profit of 878.7 billion won, up 10.5 percent. Fourth-quarter revenue rose 13.3 percent to 1,275.4 billion won, while quarterly operating profit slipped 1.0...
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...
Coway Second Quarter Revenue Rises 16.3 Percent to 1.26 Trillion Won on Overseas Growth
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...
Coway First Quarter Revenue Rises 17.3 Percent to 1.17 Trillion Won on Overseas Growth
SEOUL, South Korea, May 9, 2025 -- Coway reported first-quarter 2025 revenue of 1,174.9 billion won, or about 1.17 trillion won, up 17.3 percent from a year earlier. Operating profit rose 9.0 percent to 211.2 billion won and net profit rose 8.8 percent to 138.8 billion won. Domestic revenue rose...
Coway Shareholders Reject Align Partners' Cumulative Voting Proposal at Annual Meeting
SEOUL, South Korea, March 31, 2025 -- Coway said shareholders at its 36th annual general meeting rejected activist fund Align Partners Capital Management's proposal to introduce a cumulative voting system for electing directors. A Coway official said the vote reaffirmed that the current board...
Coway Unveils Value-Up Plan Targeting 5 Trillion Won in Revenue by 2027 and 40 Percent Shareholder Return
SEOUL, South Korea, February 18, 2025 -- Coway launched a Corporate Value-Up Plan approved by its board on February 13, setting a goal of exceeding 5 trillion won in revenue in 2027, a compound annual growth rate of 6.5 percent from 2025. The company plans to enter new markets and set up local...