HomesToLife reports FY24 EPS (11c) vs. 2c last year

Reports revenue $4.2M vs. $5.1M last year. “We are thrilled to be trading on Nasdaq for the past six months,” said CDO Phua Mei Ming. “Although certain global economic factors continued to impact our retail financial performance in 2024, we are excited that we launched, on October 28, HTL Far East Pte. Ltd., or HTL Far East, our wholesale subsidiary business unit devoted to expanding our furniture business into the rest of Asia. Although this subsidiary made relatively minor contributions to our overall revenue during 2024, it has in the first quarter of 2025 produced revenue of over $4 million. As announced in February, we expect HTL Far East to contribute revenue of $12-14 million this year.”