EQS News: Coway Co., Ltd.: Coway announces financial results for the third quarter of fiscal year 2025

EQS News: Coway Co., Ltd. / Keyword(s): Annual Results Coway announces financial results for the 3rd quarter of fiscal year 2025 11/11/2025 / 01:50 CET/CEST The issuer/publisher is responsible for the content of this announcement.
SEOUL, South Korea, November 11, 2025 /PRNewswire/ -- Coway Co., Ltd, the "Best Life Solution Company", today released its financial results for the third quarter of 2025.
"Strong sales of our leading household appliances, along with the continued growth of our BEREX beds and massage chairs, drove overall performance this quarter," said Soon Tae Kim, CFO of Coway. "Building on this core strength, we will continue to strengthen our growth drivers and maintain balanced momentum in both domestic and global markets."
The earnings reported by Coway are as follows:
- Third quarter revenue: 1,254.4 billion KRW (+14.0% compared to the previous year)
- Operating profit in the third quarter: 243.1 billion KRW (+17.4% compared to the previous year)
The figures shown are taken from the consolidated K-IFRS (International Financial Reporting Standards) financial statements. |
Coway's cumulative revenue for 2025 now stands at 3,688.2 billion KRW (+15.8% compared to the previous year), with operating profit at 697.0 billion KRW (+13.9%).
In the domestic market, Coway achieved sales of KRW 740.2 billion in the third quarter, representing a 12% increase compared to the same period last year. This strong performance was driven by stable sales of the new "Icon Ice Water Purifier" series, which comprises three models designed to meet varying capacity requirements, from compact to large. Thanks to this addition to the company's portfolio, Coway's ice water purifier sales increased by approximately 25% in August and September compared to the previous year, setting a new sales record in this category.
Coway's foreign subsidiaries also recorded strong growth in the third quarter, achieving sales of KRW 469.3 billion, a 19.9% increase year-on-year. The company's Malaysian subsidiary achieved impressive sales, rising 20% year-on-year to KRW 352.1 billion, while its subsidiaries in the United States and Thailand also recorded steady growth, with sales of KRW 57.5 billion (+7.8% year-on-year) and KRW 41.8 billion (+28.5% year-on-year), respectively.
Further details on Coway's financial performance can be found on the company's Investor Relations page.
Information about Coway Co., Ltd.
Coway, "Best Life Solution Company," was founded in Korea in 1989 and is a leading provider of home appliances for a healthy environment, making people's lives healthier and more comfortable with innovative appliances such as water purifiers, air purifiers, bidets, and mattresses. BEREX, the company's sleep and wellness brand, aims to improve quality of life through state-of-the-art mattresses and massage chairs. Since its inception, Coway has grown into a leader in the healthy environment home appliance industry through intensive research, development, engineering, and customer service. The company has a proven track record of innovation, demonstrated by its award-winning products, expertise in home health, unparalleled market share, customer satisfaction, and brand recognition. Coway continues its drive for innovation by diversifying its product lines and expanding its international business in Malaysia, the USA, Thailand, China, Indonesia, Vietnam, and Europe, building on its success in Korea. In 2025, the company launched Coway Life Solution, a premium platform for elderly care offering personalized care solutions for different life stages. For more information, please visit http://www.coway.com/ or http://newsroom.coway.com .

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November 11, 2025 CET/CEST Publication of a corporate news/financial news release, transmitted by EQS News - a service of the EQS Group . The issuer/publisher is responsible for the content of this announcement. EQS distribution services include mandatory notifications, corporate news/financial news, and press releases.
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