Coway Sees 8% Bump in Second Quarter Income 

News Author


In its second quarter monetary report for 2022, Coway introduced income of $754.6 million, an 8% enhance 12 months over 12 months. The corporate’s working revenue was additionally up by 5.7% to $135.7 million. 

Coway’s cumulative gross sales for 2022 now whole $1.4 billion, a 6.8% enhance over 2021, with an working revenue of $269 million. 

Within the second quarter alone, Coway established 780,000 new accounts in South Korea and abroad, and the corporate’s whole accounts have now reached 9.44 million. Malaysia and america have been the corporate’s key progress drivers, rising their income 12 months over 12 months by 16.1% and 50% respectively.