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Latitude Tree Holdings

Full company profile

uuid003noce

Namestring
Latitude Tree Holdings
Websiteurl
lattree.com
Company typeenum
Private
Founded yearint
1988
Descriptiontext

Latitude Tree Holdings is a publicly listed Malaysian household-furniture manufacturer headquartered in Kapar, Malaysia and trading on Bursa Malaysia under the ticker klse:RKI. The company manufactures wooden household furniture through its operating arm Rhong Khen International, with manufacturing operations in Indonesia that provide a low-cost production base relative to Malaysian peers. Founded in 1988 and employing between 5,001 and 10,000 people, Latitude Tree sells through furniture retail channels that are typical of the OEM/reterrer distribution model used by regional furniture exporters.

The business has experienced a sustained four-year contraction: revenue declined from approximately $219.6M in 2021 to $110.6M in 2024 before partially recovering to $122.5M in 2025, while net income compressed from $13.0M to $2.6M over the same period. Leadership is anchored by Deputy Chairman and Co-Founder Lin Chen Jui-Fen, indicating founder/family continuity at the governance level. The company remains operational but the financial trajectory points to ongoing capacity right-sizing rather than scale expansion.

There is no disclosed evidence of proprietary technology platforms, software products, branded consumer-retail channels, or differentiated digital/AI capabilities. The moat rests on integrated manufacturing scale and the Indonesian cost base rather than technology differentiation or customer lock-in. Pricing models, named customers, partnership structure, marketing channels, and geographic mix beyond Malaysia/Indonesia are not disclosed in the available source material, representing a meaningful transparency gap for diligence.

Short descriptiontext

Latitude Tree Holdings (klse:RKI) is a Malaysia-headquartered, publicly listed household-furniture manufacturer operating through Rhong Khen International, producing wooden furniture from a low-cost Indonesian manufacturing base for global furniture retail customers.

Ownership categoryenum
Headcount rangeband
5,001–10,000
akta.pro rankint
HeadquartersKapar, Malaysia
HQ citystring
Kapar
HQ countrystring
Malaysia
HQ regionstring
Asia
Markets served

Serves global market

Keyword5 values
wooden furniture manufacturing, household furniture production, rubberwood furniture, furniture export manufacturing, contract furniture manufacturing
NAICS code1 code
  • Household and Institutional Furniture Manufacturing33712
SIC code1 code
  • Household Furniture2510
Product category
Household Furniture Manufacturing
Social media profiles1 record
Cost components4 values
Supply Chain, Operations, Personnel, Others
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

Latitude Tree Holdings, through its subsidiary Rhong Khen International, manufactures and sells household wooden furniture. The company operates a manufacturing-based business headquartered in Kapar, Malaysia, producing furniture products for downstream buyers in B2B/wholesale channels. No additional product line or service detail is evidenced beyond the household furniture manufacturing designation.

Differentiator
Functional benefit
Problem solved
Product and service1 record
1Household Furniture
CategoryHousehold Furniture Manufacturing
Description

Wooden household furniture manufactured and sold by Latitude Tree Holdings (operating as Rhong Khen International), headquartered in Kapar, Malaysia. Sold through B2B channels to commercial buyers such as retailers, distributors, importers, and contract purchasers.

Recent move3 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight2 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

La-Z-Boy is a US-listed residential furniture manufacturer with branded retail distribution; comparable as a household furniture incumbent, though its center of gravity in upholstered motion seating differs from Latitude Tree's casegoods focus.

TypeBroad incumbent
Description

Ethan Allen Interiors is a US-listed vertically integrated household furniture manufacturer and retailer; comparable as a wood-and-upholstery household furniture peer, though with a much stronger brand and direct-to-consumer model than Latitude Tree.

TypeBroad incumbent
Description

Williams-Sonoma operates Pottery Barn, West Elm, and other household furniture brands that source casegoods from global manufacturers including Southeast Asia; comparable as a household furniture incumbent and as an indirect customer archetype for Latitude Tree.

TypeDirect peer
Description

Samling Group is a Malaysia-based timber and furniture group vertically integrated from forest to finished household furniture; directly comparable to Latitude Tree as a regional wooden furniture producer with upstream timber exposure.

TypeBroad incumbent
Description

Bassett Furniture Industries is a US-listed household furniture manufacturer with product overlap in wood casegoods and upholstered seating; comparable as a peer in residential furniture but operating primarily in North America.

TypeDirect peer
Description

Lii Hen Industries Bhd is a Malaysian public wooden household furniture manufacturer serving similar OEM and export channels, directly comparable to Latitude Tree in product category, geography, and customer profile.

TypeBroad incumbent
Description

Hooker Furniture Corporation is a US-listed wood household furniture manufacturer offering comparable casegoods and seating categories, with broader product breadth and US-centric distribution versus Latitude Tree's Asian OEM base.

TypeBroad incumbent
Description

Kimball International is a US-listed furniture manufacturer spanning residential and commercial casegoods; comparable in the wood household furniture category but with greater commercial/hospitality exposure than Latitude Tree.

TypeDirect peer
Description

Signature International Bhd is a Malaysian public kitchen and household furniture manufacturer with overlapping product lines, customer types, and Malaysian/regional manufacturing footprint.

TypeBroad incumbent
Description

RH is a US-listed home furnishings brand that designs and sources household furniture at scale; comparable as a household furniture channel and brand incumbent, though significantly more upscale and retail-driven than Latitude Tree.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat3 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights5 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Latitude Tree Holdings

Household Furniture Manufacturinglattree.com

Latitude Tree Holdings (klse:RKI) is a Malaysia-headquartered, publicly listed household-furniture manufacturer operating through Rhong Khen International, producing wooden furniture from a low-cost Indonesian manufacturing base for global furniture retail customers.

What Latitude Tree Holdings does

Latitude Tree Holdings is a publicly listed Malaysian household-furniture manufacturer headquartered in Kapar, Malaysia and trading on Bursa Malaysia under the ticker klse:RKI. The company manufactures wooden household furniture through its operating arm Rhong Khen International, with manufacturing operations in Indonesia that provide a low-cost production base relative to Malaysian peers. Founded in 1988 and employing between 5,001 and 10,000 people, Latitude Tree sells through furniture retail channels that are typical of the OEM/reterrer distribution model used by regional furniture exporters.

The business has experienced a sustained four-year contraction: revenue declined from approximately $219.6M in 2021 to $110.6M in 2024 before partially recovering to $122.5M in 2025, while net income compressed from $13.0M to $2.6M over the same period. Leadership is anchored by Deputy Chairman and Co-Founder Lin Chen Jui-Fen, indicating founder/family continuity at the governance level. The company remains operational but the financial trajectory points to ongoing capacity right-sizing rather than scale expansion.

There is no disclosed evidence of proprietary technology platforms, software products, branded consumer-retail channels, or differentiated digital/AI capabilities. The moat rests on integrated manufacturing scale and the Indonesian cost base rather than technology differentiation or customer lock-in. Pricing models, named customers, partnership structure, marketing channels, and geographic mix beyond Malaysia/Indonesia are not disclosed in the available source material, representing a meaningful transparency gap for diligence.

Latitude Tree Holdings firmographics

Firmographics
Name
Latitude Tree Holdings
Website
https://lattree.com
Company type
Private
Founded year
1988
Headcount range
5,001–10,000 employees
Short description
Latitude Tree Holdings (klse:RKI) is a Malaysia-headquartered, publicly listed household-furniture manufacturer operating through Rhong Khen International, producing wooden furniture from a low-cost Indonesian manufacturing base for global furniture retail customers.
Ownership category
akta.pro rank

Where Latitude Tree Holdings is headquartered

Location

Headquarters

HQ city
Kapar
HQ country
Malaysia
HQ region
Asia

Markets served

Latitude Tree Holdings business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Operations, Personnel, Others

Latitude Tree Holdings product offering

Product offering

Core offering

Latitude Tree Holdings, through its subsidiary Rhong Khen International, manufactures and sells household wooden furniture. The company operates a manufacturing-based business headquartered in Kapar, Malaysia, producing furniture products for downstream buyers in B2B/wholesale channels. No additional product line or service detail is evidenced beyond the household furniture manufacturing designation.

Differentiator

Problem solved

Functional benefit

Products and services

  • Household Furniture Wooden household furniture manufactured and sold by Latitude Tree Holdings (operating as Rhong Khen International), headquartered in Kapar, Malaysia. Sold through B2B channels to commercial buyers such as retailers, distributors, importers, and contract purchasers.

Companies that use Latitude Tree Holdings

Customer profile

Ideal customer profiles1 record

Latitude Tree Holdings technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Latitude Tree Holdings partnerships and signals

Strategic signal

Recent moves3 records

Expansion highlights2 records

Latitude Tree Holdings competitors and assessment

Company assessment

Broad incumbents

  • La-Z-Boy Incorporated: La-Z-Boy is a US-listed residential furniture manufacturer with branded retail distribution; comparable as a household furniture incumbent, though its center of gravity in upholstered motion seating differs from Latitude Tree's casegoods focus.
  • Ethan Allen Interiors Inc. Ethan Allen Interiors is a US-listed vertically integrated household furniture manufacturer and retailer; comparable as a wood-and-upholstery household furniture peer, though with a much stronger brand and direct-to-consumer model than Latitude Tree.
  • Williams-Sonoma, Inc. Williams-Sonoma operates Pottery Barn, West Elm, and other household furniture brands that source casegoods from global manufacturers including Southeast Asia; comparable as a household furniture incumbent and as an indirect customer archetype for Latitude Tree.
  • Bassett Furniture Industries: Bassett Furniture Industries is a US-listed household furniture manufacturer with product overlap in wood casegoods and upholstered seating; comparable as a peer in residential furniture but operating primarily in North America.
  • Hooker Furniture Corporation: Hooker Furniture Corporation is a US-listed wood household furniture manufacturer offering comparable casegoods and seating categories, with broader product breadth and US-centric distribution versus Latitude Tree's Asian OEM base.
  • Kimball International Inc. Kimball International is a US-listed furniture manufacturer spanning residential and commercial casegoods; comparable in the wood household furniture category but with greater commercial/hospitality exposure than Latitude Tree.
  • RH (Restoration Hardware): RH is a US-listed home furnishings brand that designs and sources household furniture at scale; comparable as a household furniture channel and brand incumbent, though significantly more upscale and retail-driven than Latitude Tree.

Direct peers

  • Samling Group: Samling Group is a Malaysia-based timber and furniture group vertically integrated from forest to finished household furniture; directly comparable to Latitude Tree as a regional wooden furniture producer with upstream timber exposure.
  • Lii Hen Industries Bhd: Lii Hen Industries Bhd is a Malaysian public wooden household furniture manufacturer serving similar OEM and export channels, directly comparable to Latitude Tree in product category, geography, and customer profile.
  • Signature International Bhd: Signature International Bhd is a Malaysian public kitchen and household furniture manufacturer with overlapping product lines, customer types, and Malaysian/regional manufacturing footprint.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

Latitude Tree Holdings social profiles

Digital presence

Latitude Tree Holdings financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Latitude Tree Holdings leadership team

Management profile

Number of profiles

Profiles1 record

Latitude Tree Holdings funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Latitude Tree Holdings M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Latitude Tree Holdings

What does Latitude Tree Holdings do?

Latitude Tree Holdings, through its subsidiary Rhong Khen International, manufactures and sells household wooden furniture. The company operates a manufacturing-based business headquartered in Kapar, Malaysia, producing furniture products for downstream buyers in B2B/wholesale channels. No additional product line or service detail is evidenced beyond the household furniture manufacturing designation.

When was Latitude Tree Holdings founded?

Latitude Tree Holdings was founded in 1988. It employs 5,001 to 10,000 people.

Where is Latitude Tree Holdings based?

Latitude Tree Holdings is headquartered in Kapar, Malaysia, in the Asia region.

Who are Latitude Tree Holdings's main competitors?

Broad incumbents on record are La-Z-Boy Incorporated, Ethan Allen Interiors Inc., Williams-Sonoma, Inc., Bassett Furniture Industries, Hooker Furniture Corporation, Kimball International Inc. and RH (Restoration Hardware). Direct peers are Samling Group, Lii Hen Industries Bhd and Signature International Bhd.

Does Latitude Tree Holdings have an API?

No public API is recorded for Latitude Tree Holdings.

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