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Furniture specialist Koda has reported a near fourfold rise in net profit for its third quarter thanks to growing exports, and increased sales of its Commune brand. Revenue for the period grew 22.5 per cent to US$13.4 million, while net profit was $1.2…
Expansion in China of its in-house brand Commune has kickstarted the latest fiscal year for Singapore furniture group Koda. With seven more Commune stores on the mainland, coupled with rising exports, Koda’s first-quarter net profit jumped 64 per cent to…
Furniture retailer Commune parent Koda Ltd has boosted its annual profit by 155.6 per cent in the last year, largely due to expansion of its store network. In the year to June 30, the company achieved sales of US$4.1 million, up from $1.6 million last year.…
Koda, the parent of furniture retailer Commune Lifestyle, has reported a net profit of US$2.2 million for the nine months to the end of March, a 66.9 per cent increase over the same period last year. And the group’s gross profit margin rose to 27.7 last year…
