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Coway Q1 net income down 7.2 pct to 125.2 bln won

Economy 15:56 May 12, 2023

SEOUL, May 12 (Yonhap) -- Coway Co. on Friday reported its first-quarter net income of 125.2 billion won (US$93.8 million), down 7.2 percent from a year earlier.

The company said in a regulatory filing that operating profit for the January-March period rose 1.7 percent on-year to 175.6 billion won. Revenue increased 2.2 percent to 948.3 billion won.

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