04-12-2010, 10:03 AM
(04-12-2010, 12:10 AM)pianist Wrote: sounds similar to htl which also support home furnishing business...
Casa's business is different from that of HTL. Essentially Casa's is that of an exclusive importer/wholesaler of branded kitchen and home appliances, many items (e.g. like water heaters, gas stoves, etc.) of which are subject to meeting the local safety requirements. Casa sells through retailers, sub-wholesalers, and to property developers (for project sales) in mainly SGD. This business has small capex requirements.
Whereas HTL is essentially mainly a manufacturer based in PRC, exporting mainly leather safas to the world market and sells in various currencies. This business has big capex requirements.