Coway Co., Ltd. Reports Robust Financial Growth in Q1 FY2026

Coway Co., Ltd., a leading South Korean home appliance company, has announced significant financial growth for the first quarter of 2026. Revenue reached KRW 1,329.7 billion, marking a 13.2% increase year-over-year, while operating profit climbed to KRW 250.9 billion, an 18.8% increase.

The company's domestic market revenue was KRW 742.8 billion, reflecting a 9.5% increase. This was driven by new product launches, including the Icon Ice Water Purifier 3 and BEREX Pebble Chair 2, and the introduction of the 'Therasol' home medical device brand. The "Coway Festa" sale also contributed to sales growth, with BEREX bed sales rising 30% and rental accounts increasing by 81.8%.

Overseas, Coway's subsidiaries reported strong performances. The Malaysian subsidiary's revenue rose by 23.5%, while the United States faced a slight decline of 4.1%. Thailand and Indonesia saw growths of 29.3% and 14.7% respectively.