duct Design at the Red Dot Design Awards, a design competition that honors innovation and design excellence. This award marks the 16th consecutive year that Coway has been named a Red Dot Design winner.
Coway Co., Ltd. announced an annual revenue of KRW 3,664.3 billion in 2021 and KRW 301.6 billion in overseas revenue for the fourth quarter of 2021.
Coway Co., Ltd. has been included in the 2021 Dow Jones Sustainability World Index (DJSI) for the sixth consecutive year. The DJSI assesses governance, economic, environmental and social performance and features companies across 61 industries.
Coway’s financial report for the third quarter of 2021 included a 16.7% increase year-over-year in total revenue, or KRW 934 billion. Operating profit for the quarter saw a slight decrease (-2.9%) year-over-year, reaching KRW 163.8 billion.
Coway Co., Ltd. was honored by the Japan Institute of Design Promotion at the Good Design Awards competition for innovative design.
Coway’s Noble air purifier line achieved a “grand slam,” winning top honors at three international design ceremonies.
Coway Co., Ltd. has established an Environmental, Social and Governance (ESG) committee which will function under the Board of Directors and dedicate its efforts to ensure the company’s practices are in alignment with its declared vision for sustainability.
Coway announced its financial results for the second quarter of 2021. The company saw revenues increase 12.4% year-over-year to total KRW 905.4 billion, the most successful quarter in the company’s history. The company’s second quarter operating profit decreased by 1.6% year-over-year to KRW 166.4 billion. Net profit also decreased for the second quarter by 2.6% year-over-year […]
Coway announced its continued pledge to its Environmental, Social and Governance (ESG) commitment that will minimize the company’s impact on the environment and increase its sustainability initiatives.
Coway Co., Ltd. announced its first quarter of 2021 financial reports, including $7.8 million in revenue, a 14.3% increase year-over-year. Operating profit and net profit increased to $151 million and $111 million respectively. Domestic rental sales in Korea reached 321,000, with 6.36 million accounts. “Exciting new products and impactful marketing campaigns propelled our performance, both […]
The Korea Corporate Reputation Institute recently analyzed the brand reputation of eight rental service companies in Korea and awarded Coway with the top spot. Considered in this ranking are participation value, communication value, social value, market value and financial value. The Brand Reputation Index is based on consumer online habits that have an impact on […]
Coway was recognized for its product design excellence for the 15th consecutive year by the Red Dot Design Award and for the 13thconsecutive year by the iF Design Award. Included in the awards were: AP-2021A, a tower-type air purifier constructed to look like art AP-1720H, an air purifier designed to mimic furniture that blends into the […]