Coway Announces Financial Results for Q3 FY2024

SEOUL, South Korea, Nov. 8, 2024 /PRNewswire/ -- Coway Co., Ltd., the "Best Life Solution Company," has announced its financial results for the third quarter of 2024.

"We continue to secure new customers, having seen our rental accounts exceed 10 million by merit of strong sales growth both domestically and internationally, and are also maintaining stable contract retention," said Soon Tae Kim, Coway's Chief Financial Officer. "For the remainder of this year and beyond, we will continue to prioritize research and development that drives product innovation and digitalization, and will also strive to maintain our robust performance growth."

Coway's reported earnings are as follows:

Third quarter revenue: KRW 1,100.3 billion (+9.2% YoY)

Third quarter operating ...