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NVFY| Name | Value |
|---|---|
| Revenues | 2,688.5K |
| Cost of Revenue | 1,493.6K |
| Gross Profit | 1,195.0K |
| Operating Expense | 1,692.6K |
| Operating I/L | -497.7K |
| Other Income/Expense | -60.9K |
| Interest Income | 0.0K |
| Pretax | -558.6K |
| Income Tax Expense | 4.9K |
| Net Income/Loss | -563.5K |
Nova LifeStyle, Inc. designs, manufactures, and sells residential and commercial furniture globally, catering to middle and upper middle-income consumers. Their product range includes upholstered, wood, and metal-based furniture for living, dining, bedrooms, and home offices. Additionally, the company offers physiotherapeutic jade mats for therapy clinics, hospitality, and real estate projects. Nova LifeStyle distributes its products under the Diamond Sofa brand through various channels, including internet sales, online marketing campaigns, and participation in exhibitions and trade shows, targeting furniture distributors and retailers.
