Brief: Bauhaus International (Holdings) Says FY Turnover Down By About 31.8% To About Hk$887.3 Mln

Bauhaus International (Holdings)

30/06/2020 16:42

June 30 (Reuters) - Bauhaus International (Holdings) Ltd
 0483.HK :
    * FY TURNOVER DOWN BY ABOUT 31.8% TO ABOUT HK$887.3 MILLION
    * NET LOSS FOR YEAR HK$172.6 MILLION VERSUS LOSS OF HK$62.1
MILLION
    * FINAL DIVIDEND AND A SPECIAL DIVIDEND OF 6.0 HK CENTS AND
28.0
HK CENTS PER SHARE PROPOSED
    * EXPECTS TO ENCOUNTER STRONG HEADWINDS IN SHORT- TERM
    * ALL EXECUTIVE DIRECTORS HAVE AGREED TO TAKE A PAY CUT BY
25%
FROM APRIL TO JUNE 2020
    * SALARIES FOR ALMOST ALL OF OTHER STAFF WILL BE FROZEN FOR
YEAR
ENDING 31 MARCH 2021

Source text for Eikon:  urn:newsml:reuters.com:*:nHKSbTJ3Jh
Further company coverage:  0483.HK 

 ((Reuters.Briefs@thomsonreuters.com;))