HomesToLife Reports 10% YoY Growth in 1H 2026 Net Revenue, Fuelled by Stronger Export Sales
Key Highlights
- ➤1H net revenue $198.3 million, up 10% year over year
- ➤Net income $6.1 million, down 39% year over year
- ➤Gross profit $57.0 million, up 14%; margin expanded 1.1 percentage points
- ➤FY2026 revenue guidance maintained at US$400 million to US$420 million
- ➤Secondary listing remains subject to regulatory review and approval
Expert Statements
Phua Mei Ming, Chief Executive Officer of HomesToLife
“The first half of 2026 demonstrated the strength of our business fundamentals and the benefits of our diversified global strategy”
Phua Mei Ming, Chief Executive Officer of HomesToLife
“While we remain mindful of ongoing market uncertainties, we are optimistic about the opportunities ahead. We will continue to proactively manage risks, invest in product innovation, and strengthen our presence across key markets.”
SINGAPORE, Sept. 30, 2026 (GLOBE NEWSWIRE) -- HomesToLife Ltd (Nasdaq: HTLM) (“HomesToLife” or the “Company”), a Singapore-based home furniture company with sales across Asia-Pacific, Europe and North America, today announced its unaudited financial results for the six months ended June 30, 2026 (“1H 2026”).
Key Financial Highlights 1H 2025 US$’0001H 2026 US$’000Change Net revenue180,775198,30510 % Retail3,3825,31457 % Export168,009186,29311 % Leather Trading9,3836,698(29 %) By geographical180,775198,30510 % Asia Pacific48,68346,680(4 %) Europe109,989123,66012 % North America22,10327,96627 % Gross profit49,83356,99414 % Gross profit margin27.6 %28.7 %1.1 pp Operating expenses(40,784)(47,295)16 % Sales and distribution expenses(31,092)(36,967)19 % General and Administrative expenses(9,692)(10,328)7 % Income from operations9,0489,6987 % Net income10,0246,068(39 %) Earnings per share (Basic and diluted)0.110.07(39 %)
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