Coway reports 7.3% rise in third-quarter operating profit as net income falls
Coway disclosed preliminary consolidated third-quarter operating profit of 260.8 billion won, up 7.3% from a year earlier. Revenue rose 13.7% to 1.4261 trillion won, while net income fell 36.6% to 111.5 billion won. Overseas subsidiaries recorded revenue of 591.8 billion won, an increase of 26.2%.