The latest update is out from HomesToLife Ltd ( (HTLM) ).
On April 7, 2025, HomesToLife Ltd announced its financial results for the fiscal year ending December 31, 2024, revealing a net revenue decline of 18% compared to 2023, primarily due to decreased sales in its Singapore retail sector. The company reported a net loss of $1.67 million for 2024, attributed to increased operating expenses from listing fees and higher administrative costs. In response to these challenges, HomesToLife initiated a restructuring plan on April 1, 2025, to improve financial performance by closing underperforming stores and implementing strict expense controls.
More about HomesToLife Ltd
HomesToLife Ltd, a leading home furniture retailer in Singapore, offers customized furniture solutions through its subsidiary HomesToLife Pte. Ltd. The company also operates HTL Far East Pte. Ltd., which focuses on sourcing and distributing premium furniture across the Asia-Pacific region.
YTD Price Performance: -58.76%
Average Trading Volume: 59,463
Technical Sentiment Signal: Strong Buy
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