Monday / January 29. 2024
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Monday / January 29. 2024
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Coway Named to Dow Jones Sustainability Asia Pacific Index 
Coway Named to Dow Jones Sustainability Asia Pacific Index 
Coway Co., Ltd. received placement on the 2023 Dow Jones Sustainability Asia Pacific Index, which evaluates companies for their ESG efforts. Of the 609 companies evaluated, 156 were selected. Coway is the only Korean company selected within the Household Durables Industry category.
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Coway R&D Center Receives Accreditation for 22nd Consecutive Year 
Coway R&D Center Receives Accreditation for 22nd Consecutive Year 
The Coway Environmental Technology Research Institute has once again been recognized as an international testing laboratory by the Korea Laboratory Accreditation Scheme. The accreditation signifies that the lab has been evaluated for its facilities, human resources, organization and adherence to rigorous international testing standards.
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Coway Q3 2023 Revenue Reaches $768 Million 
Coway Q3 2023 Revenue Reaches $768 Million 
Coway Co., Ltd. released its third quarter 2023 financial results, reporting third quarter operating profit of $148.9 million, an 18.3% year-over-year increase, and third quarter revenue of $768 million, a 3.9% increase from the same period last year.
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Coway Receives an A Grade for Environmental Protections from KCGS 
Coway Receives an A Grade for Environmental Protections from KCGS 
Coway Co., Ltd. improved its environmental grading from the Korea Institute of Corporate Governance and Sustainability from a B+ in 2022 to an A grade. This ranking is assessed by KCGS based on three categories: Environment, Society and Governance.
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Coway Wins IDEA Award for Design Excellence 
Coway Wins IDEA Award for Design Excellence 
Coway Co., Ltd. was recognized with three awards at the International Design Excellence Awards 2023, an event that recognizes and celebrates products and companies that are pioneering innovative ways to improve daily life. 
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Coway Reports Q2 2023 Revenue of $766 Million 
Coway Reports Q2 2023 Revenue of $766 Million 
Coway Co., Ltd. released its financial results for the second quarter of 2023, posting $766.5 million in revenue, a 2.9% boost year over year. Second quarter operating profit was up 10.3% from the same period in 2022. 
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US Consumer Reports Gives Coway Air Purifier Highest Rating 
US Consumer Reports Gives Coway Air Purifier Highest Rating 
Consumer Reports evaluated 186 air purifier models in the U.S. market and ranked them based on unbiased evaluations, consumer surveys and in-house testing. Among these air purifiers, Coway’s Airmega ProX received the highest ranking of all, with a score of 93, and was the only brand to exceed 90 points.
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Coway Commits to Drastically Reduce Carbon Emissions by 2030 
Coway Commits to Drastically Reduce Carbon Emissions by 2030 
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 […]
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Coway Receives “Best Korea Brands” Honor for 9th Consecutive Year 
Coway Receives “Best Korea Brands” Honor for 9th Consecutive Year 
Coway Co., Ltd. has been named to Interbrand’s list of South Korea’s Best Korea Brands for the ninth consecutive year. Interbrand extends this recognition to 100 brands after conducting an evaluation of the value of major global brands.
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Coway Reports $709 Million in Q1 2023 Revenue 
Coway Reports $709 Million in Q1 2023 Revenue 
Coway Co., Ltd. announced its financial results for the first quarter of 2023, posting $709 million in revenue, a 2.2% year-over-year increase. First quarter operating profit was $131.3 million, a 1.7% year-over-year increase.
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Coway Wins Red Dot Design Award for 17<sup>th</sup> Year in a Row 
Coway Wins Red Dot Design Award for 17th Year in a Row 
Coway has been honored for innovation and design excellence, winning a Red Dot Award for the 17th consecutive year. Coway’s Air Purifier and Skin Plus Water Softener were selected as award winners for their intuitive usability, distinct aesthetics and eco-friendly credentials.
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Coway Posts $761 Million in Q4 2022 Revenue 
Coway Posts $761 Million in Q4 2022 Revenue 
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.
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