India, Sept. 30 -- HomesToLife Ltd. (HTLM), a home-furniture company based in Singapore, Wednesday reported a 39 percent fall in first half profit from the prior year, despite 10 percent growth in revenue. Furthermore, the company reiterated its full year revenue outlook.
Net income for the period fell to $6.07 million or $0.07 per share, from $10.02 million or $0.11 per share in the same half, a year ago.
Total operating expenses increased 16 percent to $47.29 million from $40.78 million in the prior year.
Revenue for the period increased to $198.73 million from $180.78 million last year.
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1568189509843-0'); });
HomesToLife expects stable sales growth for the rest of 2026 an...