Latitude Tree Holdings Berhad operates in the Wood household furniture sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Latitude Tree Holdings Berhad with three other
furniture companies in Asia:
Integra Indocabinet Tbk PT
sales of 2.97 trillion Indonesian Rupiahs [US$208.69 million]
of which 99%
Poh Huat Resources Holdings Bhd
(659.51 million Malaysian Ringgits [US$160.19 million]
of which 100%
was Furniture Industry), and
Shane Global Holding Inc
based in TAIWAN
(3.83 billion Taiwanese Dollars [US$138.47 million]
of which 100%
was leather goods).
During the third
quarter of 2021, sales at Latitude Tree Holdings Berhad totalled
216.66 million Malaysian Ringgits.
an increase of 52.3%
from the 142.23 million Malaysian Ringgits in sales at the company during the third quarter of 2020.
This was the biggest same quarter rise in sales at Latitude Tree Holdings Berhad in the previous 36 quarters.
During the first three quarters of 2021, sales totalled 695.92 million Malaysian Ringgits, which is
than through the first three
quarters of 2020.
Latitude Tree Holdings Berhad reported sales of 684.74 million Malaysian Ringgits (US$166.32 million)
June of 2020.
decrease of 6.1%
versus 2019, when the company's sales were 729.57 million Malaysian Ringgits.
The sales level in 2020 was fairly close to the level five years ago: in 2015, Latitude Tree Holdings Berhad had sales
of 710.00 million Malaysian Ringgits.
Contributing to the drop in overall sales was the 29.7% decline
in Investment Holding, from 3.78 million Malaysian Ringgits to 2.66 million Malaysian Ringgits.
There were also decreases in sales in
Wooden Furniture and Components (down 6.0% to 680.88 million Malaysian Ringgits)