Cuckoo Holdings disclosed on the 14th that operating profit under consolidation for the third quarter of this year came to 30.3 billion won, up 34% from a year earlier. Revenue for the same period rose 20% to 243.3 billion won.
Cuckoo Holdings has two affiliates: Cuckoo Electronics, which focuses on kitchen appliances such as rice cookers, and CUCKOO Homesys, which centers on rentals and home appliances such as water purifiers.
A Cuckoo Holdings official said, "New products such as food waste processors and freezers received a good response, and increased sales of seasonal appliances like air conditioners and fans also contributed to earnings growth," and added, "Overseas, the growth in sales in Malaysia stood out."
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