Bauhaus International (Holdings) Limited provided consolidated earnings guidance for six months ended 30 September 2015. The board of directors of the Company announced that based on the preliminary assessment of the unaudited consolidated management accounts of the Group, the Group is expected to report a net loss of approximately HKD 24 million to HKD 31 million for the six months ended 30 September 2015 as compared to a net profit of about HKD 20.9 million for the same period last year. The unfavorable results were primarily caused by the sluggish retail consumption in major markets where the Group operates, particularly in Hong Kong and Taiwan, leading to a decline in sales and gross profit and coupled with an increase in operating costs.