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Koda's 3Q earnings more than treble to $1.6 mil

Stanislaus Jude Chan
Stanislaus Jude Chan • 1 min read
Koda's 3Q earnings more than treble to $1.6 mil
SINGAPORE (May 9): Homegrown furniture maker Koda saw its earnings surge to US$1.2 million ($1.6 million) for the 3Q ended March, more than trebling from earnings of US$0.3 million a year ago.
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SINGAPORE (May 9): Homegrown furniture maker Koda saw its earnings surge to US$1.2 million ($1.6 million) for the 3Q ended March, more than trebling from earnings of US$0.3 million a year ago.

3Q18 revenue grew 22.5% to US$13.4 million, from US$11.0 million a year ago.

This was mainly due to higher export sales to its key markets, as well as higher sales from its in-house brand, Commune.

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