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Coway Announces Financial Results for Q4 and FY2024

  • Coway's Q4 2024 revenue reached KRW 1,125.7 billion, reflecting a 12.1% year-over-year increase, with an operating profit of KRW 183.4 billion, a 10.4% increase, as reported by Coway.
  • For FY2024, Coway's total revenue was KRW 4,310.1 billion, an 8.7% rise, and an operating profit of KRW 795.4 billion, marking an 8.8% increase, according to Coway.
  • CEO Jangwon Seo stated that Coway plans to implement the 'New Coway' strategy to further innovate and expand their products globally, aiming for sustained growth.
  • CEO Jangwon Seo stated that Coway will continue to innovate and expand globally, focusing on product differentiation and driving sustained growth.
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Charleston Gazette-Mail broke the news in Charleston, United States on Friday, February 14, 2025.
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