Seoul: Coway Co. on Friday reported its third-quarter net income of 176 billion won (US$121.3 million), marking a 2 percent decrease from the same period last year. According to Yonhap News Agency, the company disclosed in a regulatory filing that its operating profit for the quarter increased to 243.1 billion won, up from 207.1 billion won from the previous year. Additionally, Coway's revenue grew by 14 percent, reaching 1.25 trillion won.