Brief: Bauhaus International (Holdings) Sees Substantial Decline By More Than 50 Pct In FY19 Net Profit

Bauhaus International (Holdings)

10/04/2019 10:05

April 10 (Reuters) - Bauhaus International (Holdings) Ltd
 0483.HK :
    * GROUP'S FY2019 NET PROFIT IS EXPECTED TO DECLINE
SUBSTANTIALLY
BY MORE THAN 50% AS COMPARED TO THAT FOR FY2018
    * GROUP MIGHT EVEN RECORD NET LOSS FOR YEAR ENDED 31 MARCH
2019
    * EXPECTED RESULT DUE TO WEAK SALES PERFORMANCE OF GROUP'S
RETAIL
BUSINESS DURING YEAR
    * THREE MONTHS SAME STORE SALES FOR GROUP DOWN 21%

Source text for Eikon:  ID:nHKS5YBHbq 
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