The rating of AA resides in the “leader” ranking of the MSCI scale and affirms Coway’s commitment to ESG initiatives, including its goal to become net zero by 2050 and reduce greenhouse gases (GHG) by 50% by 2030. 

Coway, based in South Korea, posted its financial results for the first quarter of 2022, reporting first quarter revenue of KRW 928 billion, or $730 million USD, a 5.6% year-over-year increase. First quarter operating profit was also up slightly (+1.1% year-over-year) at $140 million. First quarter net profit was up 7.3% over the same quarter […]

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 […]