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Coway Posts Higher Q2 Net Income; Sales Up

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Coway (KRX:021240) posted second-quarter net income attributable to shareholders of 178.3 billion won, up 14.6% from 155.6 billion won a year earlier, according to a Friday filing with the Korea Exchange.

The household appliances manufacturer's sales also grew 14.6% year over year to 1.442 trillion won from 1.259 trillion won.

Coway declared a dividend of 700 won per share, payable to shareholders of record on Aug. 31.

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