Bauhaus International Limited Announces Same Store Sales for Three Months and Year Ended March 31, 2019; Provides Earnings Guidance for the Year Ended 2019
For the year same store sales decreased by 10%.
The board of directors of the company informed the shareholders and potential investors that based on the preliminary assessment of the Group's operating data and unaudited management accounts of the Group's principal subsidiaries, the Group's net profit is expected to decline substantially by more than 50% as compared to that for the year ended 31 March 2018.