Apple has a workforce of close to three million people in the U.S.
Hot Business News Today
Hot Business News Today
Why Rejection is a Startup's Best Growth Strategy
by Dmitrii Khasanov • • 0 Comments
Rejection is an essential part of the startup journey, offering valuable lessons in resilience, strategy and growth that ultimately strengthen entrepreneurs and their ventures.
Hot Business News Today
10 Philanthropic Organizations Entrepreneurs Should Consider Supporting
by Roy Dekel • • 0 Comments
Discover ten impactful philanthropic organizations that align with entrepreneurial values, offering opportunities to give back and create meaningful change.
Hot Business News Today
House Hunting? $300,000 Buys Over 2,000 Square Feet in Just 1 State — Here's What $500,000 Gets You Across the U.S.
by Amanda Breen • • 0 Comments
Hot Business News Today
How to Balance a Full-Time Job With a Side Hustle
by Andreas Jones • • 0 Comments
Juggling a full-time job while trying to grow a side hustle? Here’s what you need to know.
Hot Business News Today
'We Need a Whole Bunch of Niceness in the World': Shaq Shares What Four Decades of High-Pressure Situations Has Taught Him About Leadership
by Dan Bova • • 0 Comments
Four-time NBA champion, entrepreneur and investor Shaquille O’Neal spoke about his new businesses and his unique leadership style.
Hot Business News Today
Fly Like an Executive for a Year and Save up to 90% for Just $30
by Entrepreneur Store • • 0 Comments
Get the best deals on economy domestic and international plane fares delivered right to your e-mail Inbox or mobile app.
Hot Business News Today
This Is the Real Secret to Exceeding Your Customer's Expectations
by Nathan Miller • • 0 Comments
Investing in employee development is a proven strategy for any business striving for long-term success and sustained growth.
Hot Business News Today
Stressed-Out Entrepreneurs Have Started Doing This to Relax
by Entrepreneur Store • • 0 Comments
Hot Business News Today
Coway South Korea 2024 Revenue Up 12% To $3,031 Million
by Team Business For Home • • 0 Comments
Coway Announces Financial Results for Q4 and FY2024
Jangwon Seo, CEO of Coway stated:
“We’re pleased to have delivered stable performance across both domestic and international markets in 2024, even amid challenging business environments.
This success was driven by our disciplined management approach and our commitment to expanding R&D. Looking ahead, as we accelerate our ‘New Coway’ strategy, we will focus on developing differentiated, innovative products and expanding our global footprint to drive sustained growth.”
Coway reported the following earnings:
Fourth-quarter revenue: KRW 1,125.7 billion (+12.1% YoY)
Fourth-quarter operating profit: KRW 183.4 billion (+10.4% YoY)
Annual revenue: KRW 4,310.1 billion (+8.7% YoY)
Annual operating profit: KRW 795.4 billion (+8.8% YoY)
*The reported figures are taken from the consolidated K-IFRS (International Financial Reporting Standards) statement.
In 2024, Coway’s domestic business recorded a revenue of KRW 2,581.7 billion, marking an 8.8% increase compared to the previous year. This growth was driven by the strong sales of key products such as water purifiers, air purifiers and bidets, as well as the expanding sales of the high-growth BEREX brand.
Coway’s overseas subsidiaries reported an annual revenue of KRW 1,545.2 billion in 2024, showing an 8.0% increase compared to the prior year. In Malaysia, annual revenue saw a 6.6% increase from the previous year to reach KRW 1,158.4 billion, while the United States subsidiary recorded an annual revenue of KRW