Coway Q2 Net Profit Declined by 19.1 Percent to 107.1 Billion Won


On Wednesday, Coway Co. reported a second-quarter net income of 107.1 billion won (US$81.4 million), which was a decrease of 19.1 percent compared to the same period last year.

The company stated in a regulatory filing that its operating profit for the April-June period was 194.2 billion won, an increase of 10.3 percent from the previous year. Revenue rose 2.9 percent to 1 trillion won.

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