Earnings ·
HomesToLife reports $198.3M revenue for six months ended June 30, 2026
HTLMHomesToLife Ltd
HomesToLife Ltd reported unaudited financial results for the six months ended June 30, 2026. Net revenue increased 10% year-over-year to US$198.3 million, driven by an 11% rise in export sales and a 57% increase in retail sales, partially offset by a 29% decline in leather trading. Gross profit grew 14% to US$57.0 million with margins expanding to 28.7%. Net income decreased 39% to US$6.1 million due to a net foreign exchange loss of US$2.2 million, compared to a gain in the prior period. Earnings per share fell from $0.11 to $0.07. The company paid US$5.8 million in dividends during the period and maintained cash reserves of US$17.9 million. HomesToLife Ltd is a global furniture company headquartered in Singapore that combines wholesale distribution, consumer retail, and sourcing capabilities.