At its 36th Annual General Meeting (AGM), Coway shareholders rejected a proposal by Align Partners Capital Management to introduce a cumulative voting system. Align Partners is a 25% shareholder and has been outspoken in recent months about its ideas for strengthening governance within the company.
Coway announced its financial results for the fourth quarter and full year 2024. Fourth quarter revenue increased 12.1% year-over-year to $779 million with an operating profit of $127 million, a 10.4% year-over-year improvement.
Coway Co., Ltd. has announced the expansion of its shareholder return policy, reinforcing its commitment to enhancing shareholder value and long-term, sustainable financial growth.
Coway Co., Ltd. announced the results of its Environmental, Social and Governance (ESG) initiatives in its recent Coway Sustainability Report for FY 2023.
Coway Co., Ltd. announced its financial results for the fourth quarter and fiscal year 2023. Revenue during the fourth quarter of 2023 reached $754 million, down from $768 million in the previous quarter, but up 2.5% year over year. Operating profit during the quarter reached $124 million, up 1.5% year over year, but down from $148.9 million in the third quarter of 2023.
Coway Co., Ltd. released its 18th sustainability report, sharing an overview of its progress and achievements regarding its Environmental, Social and Governance (ESG) goals. Included in this report is the company’s performance target of eliminating half of its carbon emissions by the year 2030 through sustainable energy source transitions and eco-friendly practices. This year’s report highlighted […]
The fourth quarter and full year financial report for Coway Co., Ltd. revealed 2022 fourth quarter revenue of $761 million, a 3.6% increase year-over-year.
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 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.