US EditionCoway Announces Financial Results for Q1 FY2025
- Coway Co., Ltd. Announced its earnings for Q1 2025, highlighting revenue and profit figures from its operations based in Seoul, South Korea.
- The growth followed Coway's launch of premium elder care platform Coway Life Solution and strategic marketing and product rollouts.
- Coway recorded KRW 1,174.9 billion in revenue, a 17.3% year-on-year increase, with domestic revenue at KRW 678.6 billion and overseas at KRW 446.7 billion.
- CFO Soon Tae Kim attributed the 9.0% increase in profits, reaching KRW 211.2 billion, to the company’s persistent introduction of innovative products focused on customer needs, along with enhanced strategic marketing efforts.
- Coway intends to buy back KRW 110 billion of its treasury shares in 2025, aiming to boost shareholder value through subsequent cancellation.
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Total News Sources23
Leaning Left4Leaning Right3Center5Last UpdatedBias Distribution42% Center
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42% Center
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C 42%
R 25%
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