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PhillipCapital trims target price for Koda on pandemic-related disruptions at manufacturing plants - THE EDGE SINGAPORE

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.

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.

In print this week

Homegrown furniture maker challenges consensus on demise of retail sector

(Oct 30): Koh Teng Kwee, chairman of Koda, is effusive in his praise of his grandsons Joshua and Julian in the company’s latest annual report for their effort in building up Commune, a proprietary brand of furniture. “I am so happy to see this brand g

Update

Homegrown Koda challenges consensus on demise of retail sector

SINGAPORE (Oct 27): Koda started producing furniture under the Commune brand in 2011.

Results

Koda FY17 earnings more than double to US$4.1 mil

SINGAPORE (Aug 29): Home furniture exporter Koda reported earnings for FY17 more than doubled to US$4.1 million ($5.5 million) from US$1.6 million in FY16.

Is there more upside for Koda?

SINGAPORE (July 17): Shares of furniture maker Koda rose to as high as $1.11 or as much as 23.3% in trading today, after the company announced a plan to increase open new furniture stores in China.
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