The Coway Q1 2025 Earnings Report highlights impressive financial performance driven by product innovation and expanding global markets. Known as the “Best Life Solution Company,” Coway continues to deliver value through its customer-first approach and strategic marketing efforts.
“Coway achieved solid results across both domestic and global markets,” stated Soon Tae Kim, the company’s chief financial officer. He emphasized that continued innovation, customer-centric product launches, and stronger marketing strategies fueled the company’s growth in the first quarter.
Looking ahead, Kim added, “In Q2, we aim to remain agile in a shifting market while enhancing product and service competitiveness. We’re also accelerating the expansion of Coway Life Solution, our elder care business, to ensure long-term growth.”
According to consolidated K-IFRS statements, Coway Q1 2025 earnings include:
Revenue: KRW 1,174.9 billion — up 17.3% YoY
Operating Profit: KRW 211.2 billion — up 9.0% YoY
These numbers reflect both solid domestic demand and aggressive international expansion.
Coway’s Korean operations contributed KRW 678.6 billion in Q1 2025, a 10.8% year-over-year increase. This boost was supported by a 63% YoY jump in net rental additions, totaling 103,000 accounts.
New product launches such as the Looloo Double Care Bidet 2 and the NOBLE 2.0 Air Purifier series helped drive growth. Continued demand for key product lines like the Icon Water Purifier and BEREX wellness products — including mattresses and massage chairs — further strengthened performance.
Coway’s overseas subsidiaries posted KRW 446.7 billion in Q1 revenue, marking a 25.8% YoY rise. In particular:
Malaysia: KRW 328.9 billion (+22%)
United States: KRW 60.0 billion (+33.7%)
Thailand: KRW 42.9 billion (+43.9%)
These gains highlight Coway’s effective localization strategies and growing brand presence across global markets.
As part of its Corporate Value-Up Plan, Coway will repurchase KRW 110 billion in treasury stock in 2025. The repurchase, followed by cancellation, is intended to strengthen shareholder value and market confidence.
Visit the company’s investor relations page for more information.
Founded in 1989 in South Korea, Coway has evolved into a global leader in environmental home appliances. Its product portfolio includes water and air purifiers, bidets, and wellness solutions under the BEREX brand.
In 2025, the company introduced Coway Life Solution, a premium elder care platform offering tailored wellness services across life stages. With operations expanding throughout Asia, North America, and Europe, Coway continues to innovate for a healthier, more comfortable world.
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