SEOUL, South KoreaAug. 9, 2024/PRNewswire/ -- Today, Coway Co., Ltd., the "Best Life Solution Company," announced its financial results for the second quarter of 2024. Coway Financial ResultsSoon Tae Kim"Coway achieved both external expansion and profitability driven by strong sales of our key product lines like the ice water purifiers and BEREX lineup," said, Coway's Chief Financial Officer. AdvertisementCumulative revenue for 2024 now stands at KRW 2,084.1 billion (+6.6% YoY) with an operating profit of KRW 404.9 billion (+9.5% YoY). In South Korea, domestic business generated KRW 655.7 billion in revenue for the second quarter, making an 11.1% increase compared to the previous year. Since being founded, Coway has become a leader in the environmental home appliances industry, with intensive research, engineering, development, and customer service.

Source: Manila Times August 09, 2024 20:28 UTC