SEOUL, South Korea, Aug. 8, 2025 /PRNewswire/ -- Coway Co., Ltd., the "Best Life Solution Company," today reported its financial results for the second quarter of 2025.
"Our continued investment in core business areas such as R&D, marketing and digital transformation is now delivering tangible outcomes, fueling the company's continued momentum both domestically and internationally," said Soon Tae Kim, Coway's Chief Financial Officer. "In the second half of the year, we aim to further reinforce our market leadership by maintaining strong sales performance, particularly through key product lines such as our ice water purifiers and the BEREX lineup of massage beds and chairs."
Coway's reported earnings are as follows:
- Second quarter revenue: KRW 1,258.9 billion (+16.3% YoY)
- Second quarter operating profit: KRW 242.7 billion (+14.9% YoY)
* The reported figures are taken from the consolidated K-IFRS (International Financial Reporting Standards) statement.
Coway has also achieved a cumulative H1 revenue of KRW 2,433.8 billion (+16.8% YoY), as well as an operating profit of KRW 454.0 billion (+12.1% YoY).
In Q2 2025, the company's domestic revenue reached KRW 730.3 billion, up 11.4% year-on-year. This growth was driven by strong product sales and the successful launches of such new products as the Icon Pro Water Purifier and the NOBLE Dehumidifying Air Purifier. Furthermore, net rental accounts additions reached 160,000, underscoring the strength of Coway's rental business model.
Up 23.7% from the same period last year, Coway's overseas subsidiaries achieved a quarterly revenue of KRW 472.8 billion. The company's Malaysia subsidiary contributed KRW 355.5 billion in revenue, marking a 23.9% year-on-year increase, while Coway's United States and Thailand subsidiaries also recorded steady growth with revenues of KRW 58.1 billion (+1.0% YoY) and KRW 42.9 billion (+49.5% YoY), respectively.
For additional details about Coway's financial performance, please visit the company's Investor Relations page.
About Coway Co., Ltd.
Established in Korea in 1989, Coway, the "Best Life Solution Company," is a leading environmental home appliances company making people's lives healthy and comfortable with innovative home appliances such as water purifiers, air purifiers, bidets, and mattresses. BEREX, the company's sleep & wellness brand, aims to improve the quality of life through cutting-edge mattresses and massage chairs. Since being founded, Coway has become a leader in the environmental home appliances industry, with intensive research, engineering, development, and customer service. The company has proven dedication to innovation with award-winning products, home health expertise, unrivaled market share, customer satisfaction, and brand recognition. Coway continues to innovate by diversifying product lines and accelerating overseas business in Malaysia, the USA, Thailand, China, Indonesia, Vietnam, and Europe, based on the business success in Korea. In 2025, the company launched Coway Life Solution, a premium elder care platform offering personalized care solutions tailored to different life stages. For more information, please visit http://www.coway.com/ or http://newsroom.coway.com.
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