HomesToLife Ltd Forecasts New Subsidiary Expected to Produce 2025 Revenue of US$12.0 Million to US$14.0 Million

Core Insights - HomesToLife Ltd's subsidiary, HTL Far East, received sales orders exceeding US$1.5 million in January 2025 and is projected to generate revenue between US$12.0 million and US$14.0 million in 2025 due to strong demand [1] - The total revenue for HomesToLife in 2025 is expected to range from US$16.0 million to US$18.0 million, indicating a more than 300$1.99 million in the first six months of 2024 [2] Company Overview - HTL Far East, established in October 2024, focuses on sourcing, distributing, and delivering premium furniture and related products across the Asia-Pacific region [3] - The leadership team of HTL Far East includes Mr. Phua Yong Pin, Mr. Phua Yong Tat, and Ms. Phua Mei Ming, who hold key positions within HomesToLife [3] Market Demand and Growth - The formation of HTL Far East aims to meet the increasing demand for premium furniture at reasonable prices in the APAC region, with expectations for continued growth in 2025 [4] - The company anticipates that HTL Far East will enhance HomesToLife's presence in the furniture industry and provide significant long-term value for stakeholders [4] Product and Service Offering - HomesToLife Pte. Ltd. is a leading home furniture retailer in Singapore, offering customized furniture solutions and a variety of products including leather and fabric upholstered furniture, case goods, and accessories [5] - The company emphasizes fair pricing, great value, consistent quality, and reliable delivery, along with a seamless online shopping experience [5]