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HomesToLife Ltd ( (HTLM) ) just unveiled an update.
On May 5, 2025, HomesToLife Ltd announced its acquisition of HTL Marketing Pte Ltd, a leading B2B supplier of premium upholstered sofas and leather materials. This acquisition is expected to significantly enhance HomesToLife’s market reach and financial performance, with projected revenue growth from US$4 million in 2024 to between US$250 million and US$280 million in 2025. The acquisition, approved by HomesToLife’s board of directors, is anticipated to close in the second quarter of 2025, marking a major milestone in the company’s growth strategy.
More about HomesToLife Ltd
HomesToLife Ltd is a prominent home furniture retailer in Singapore, offering customized furniture solutions through its subsidiary HomesToLife Pte. Ltd. The company operates six retail stores and provides a range of products including leather and fabric upholstered furniture, case goods, and accessories. It is committed to delivering fair prices, great value, and reliable quality to its customers.
Average Trading Volume: 56,331
Technical Sentiment Signal: Strong Sell
For an in-depth examination of HTLM stock, go to TipRanks’ Stock Analysis page.