SHARE

Coway reports 13.2% revenue growth in first quarter

The home appliance manufacturer reported revenue rising 13.2% year-on-year to KRW 1,329.7bn in Q1. Operating profit increased 18.8% to KRW 250.9bn, supported by robust growth in international markets including Malaysia and Thailand.

Certification Note

Certified B Corporation” is a trademark licensed by B Lab, a private non-profit organization, to companies like ours that have successfully completed the B Impact Assessment (“BIA”) and therefore meet the requirements set by B Lab for social and environmental performance, accountability, and transparency. It is specified that B Lab is not a conformity assessment body as defined by Regulation (EU) No 765/2008, nor is it a national, European, or international standardization body as per Regulation (EU) No 1025/2012. The criteria of the BIA are distinct and independent from the harmonized standards resulting from ISO norms or other standardization bodies, and they are not ratified by national or European public institutions.