---
title: "Koda Returns to Profit in Fiscal H1; Shares Up 4%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/228290496.md"
description: "Koda reported a profit of $416,000 for the fiscal half ending Dec. 31, 2024, a turnaround from a loss of $2.3 million the previous year. Earnings per share improved to $0.0050 from a loss of $0.0282. Revenue increased by 39% to $27.7 million, driven by higher export sales to new US customers. Following the announcement, Koda's shares rose by over 4%."
datetime: "2025-02-14T05:45:35.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/228290496.md)
  - [en](https://longbridge.com/en/news/228290496.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/228290496.md)
---

# Koda Returns to Profit in Fiscal H1; Shares Up 4%

Koda returned to a profit attributable to owners of the company in the fiscal half ended Dec. 31, 2024, to $416,000 from an attributable loss of $2.3 million a year earlier, according to a filing with the Singapore Exchange on Thursday.

Earnings per share came in at $0.0050 compared with a loss per share of $0.0282 in the comparable period.

Revenue surged 39% year over year to $27.7 million from about $20.0 million, mainly due to higher export sales to new customers in US.

Shares of the furniture producer and supplier were up over 4% in recent trading.

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