The Way To Connect With Direct Selling Industry

The Way To Connect With Direct Selling Industry

For The Q1 Of 2021, Coway Reported $780 Million In Revenue

Coway Co., Ltd. reported its financial results for the first quarter of 2021, which included sales of $7.8 million, up 14.3 percent year over year.
Operating profit and net profit both grew to $151 million and $111 million.
With 6.36 million accounts, Korea’s domestic rental sales hit 321,000.

Coway’s Chief Financial Officer, Kim Soon-tae, stated, “Exciting new items and compelling marketing campaigns boosted our success, both locally and overseas.” “We will continue to focus on our competitiveness in the home market while extending deeper into global markets to generate long-term growth.”

Malaysia and the United States were the company’s outstanding international subsidiaries, with Malaysia reporting $213 million in sales and the United States $3.8 million. The total number of abroad accounts presently stands at 2.1 million.

Due to international success, total rental accounts surpassed 8.46 million

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