Coway Co., Ltd. announced its financial results for the second quarter of 2025. Second quarter revenue grew 16.3% year-over-year to $905 million. Operating profit during the quarter was $174 million, a 14.9% increase from the second quarter of 2024.
Revenue for the first six months of 2025 reached $1.7 billion, a 16.8% increase over the first half of 2024, with an operating profit of $326 million, a 12.1% increase year-over-year.
Domestic revenue during the quarter was up 11.4% year-over-year to $525 million, which the company attributes to strong product sales and the successful launch of its new products – particularly the Icon Pro Water Purifier and the NOBLE Dehumidifying Air Purifier. Coway’s rental business model also showed strength with 160,000 net rental account additions.
Overseas subsidiaries saw a 23.7% increase from the second quarter of 2024 and achieved quarterly revenue of $340 million. Malaysia proved to be a particularly strong market with a 23.9% year-over-year growth rate. The US and Thailand also recorded steady improvements, with 1% year-over-year growth.
The post Coway Reports Q2 2025 Financial Results first appeared on Direct Selling News.
