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Coway Reports Double-Digit Revenue Growth in Second Quarter of 2026

Coway Co., Ltd. recorded a significant financial upturn in the second quarter of 2026, posting KRW 1,442.2 billion in revenue, a 14.6% increase compared to the previous year. This performance, bolstered by strong domestic rental growth and robust international sales, highlights the company's expanding influence in the premium home wellness market.

Bio & NewsAugust 7, 2026347 reads0

Operating profit for the period reached KRW 253.2 billion, reflecting a 4.3% year-over-year rise. Chief Financial Officer Soontae Kim attributed the momentum to steady sales volume and a strategic diversification of product portfolios. For the first half of the year, cumulative revenue climbed 13.9% to KRW 2,771.9 billion, with operating profit totaling KRW 504.1 billion.

Domestic revenue grew by 7.7% to KRW 786.8 billion, driven largely by the BEREX sleep and wellness brand. The successful rollout of the BEREX R Series Stretching Motion Bed and M Series Massage Bed, alongside new rental categories like home medical devices and food waste disposers, helped push net rental account additions to 242,000—a 51.6% increase. Meanwhile, overseas subsidiaries saw a 24.2% revenue surge to KRW 587.5 billion. Malaysia remained the top international performer with KRW 434.5 billion in revenue, while Thailand recorded the fastest growth at 53.9% year-over-year.

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