HomesToLife Ltd. operates as a retailer specializing in household furnishings, also offering bespoke furniture solutions to its clientele. Their extensive collection features upholstered pieces crafted from leather and fabric, alongside various case goods and decorative accents. This enterprise was established by co-founders Yong Pin Phua and Yong Tat Phua in September of 1989, and its base of operations is situated in Singapore.
HomesToLife Reports 10% YoY Growth in 1H 2026 Net Revenue, Fuelled by Stronger Export Sales
HomesToLife reported 1H 2026 net revenue of US$198.3 million, up 10% year-over-year, driven by a US$18.3 million increase in export sales and 27% growth in North America.
Gross margin expanded 1.1 points to 28.7%, and operating income rose 7% to US$9.7 million, but net income fell 39% to US$6.1 million due to a US$2.2 million FX loss versus a US$4.3 million FX gain a year earlier; excluding FX, net income rose 22%.
The company reaffirmed FY2026 revenue guidance of US$400-420 million and said its proposed secondary listing on the SGX Main Board remains subject to regulatory approval.