Coway announced record-breaking financial results for 2025, with significant growth in both sales and operating profit, fueled by strategic business expansions under the leadership of Chairman Bang Jun-hyuk.
The leading home appliance manufacturer reported annual sales reaching 4.9636 trillion won ($3.39 billion), marking a substantial 15.2 percent increase compared to the previous year. Operating profit also saw a healthy climb of 10.5 percent, reaching 878.7 billion won.
In the fourth quarter of 2025, Coway’s consolidated sales rose by 13.3 percent year-on-year to 1.28 trillion won. However, operating profit slightly decreased by 1.0 percent to 181.6 billion won, according to the company.
Coway’s domestic market performance generated sales of 2.87 trillion won in 2025, representing an 11.0 percent increase. The company attributed this growth to strong consumer demand for its popular Icon ice water purifiers and Berex massage chairs, boosting annual rental sales to 1.85 million units, a 7.7 percent improvement.
The Berex brand, launched in December 2022, contributed significantly to Coway’s success, recording consolidated sales of 719.9 billion won in 2025. The company’s domestic bed business also performed strongly, with sales increasing by 15.4 percent to 365.4 billion won.
Coway’s overseas operations demonstrated robust growth, with annual sales jumping by 22.3 percent to 1.89 trillion won.
Key international subsidiaries also achieved notable gains across various regions. Malaysia led the way with 1.41 trillion won in sales, a 21.7 percent increase. The United States saw a 10.5 percent increase to 236.7 billion won, while Thailand experienced a remarkable 38.8 percent surge to 174.4 billion won. Indonesia also contributed significantly, with sales rising by 67.5 percent to 50.6 billion won.
“Despite global economic uncertainty, we prioritized strengthening our core business through research and development, alongside expanding into new product categories, leading to both growth and increased profitability,” stated CEO Seo Jang-won. “We remain committed to delivering consistent performance through innovative products in the coming year.”
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