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Koda says it expects a substantially lower profit for 1HFY2023 in profit guidance
Market demand may soften, direct cost would rise and margins could fall, the company says.
February 06, 2023
Broker's Calls
PhillipCapital downgrades Koda to 'neutral' on near-term demand lull
In addition to the downgrade, PhillipCapital has also slashed its target price estimate to 50 cents from $1.10 previously.
September 05, 2022
Broker's Calls
PhillipCapital trims target price for Koda on pandemic-related disruptions at manufacturing plants
Longer-than-expected restrictions could affect the supply chain and inventory replenishment.
August 30, 2021
Broker's Calls
Koda gets a 'hold' from SAC Capital as furniture demand increases
Thanks to work-from-home measures, Koda is seeing higher demand for its furnitures.
July 30, 2021
Company in the news
Koda to temporarily suspend operations in Vietnam
Koda to temporarily suspend its Vietnam operations.
July 13, 2021
SGX Research Series: 10 in 10
Furniture maker Koda banks on in-house brands and regional expansion for growth
Koda is an original design manufacturer of furniture, including retail brand Commune.
June 25, 2021
Results
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.
May 09, 2018
Broker's Calls
CIMB likes Koda for plans to double number of China outlets by 2020
SINGAPORE (Mar 26): CIMB likes Koda, the original design manufacturer (ODM) of home furniture, given its plans to more than double the number of Commune outlets in China to 100 by 2020.
March 26, 2018
Update
Homegrown Koda challenges consensus on demise of retail sector
SINGAPORE (Oct 27): Koda started producing furniture under the Commune brand in 2011.
October 27, 2017