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Bauhaus International Announces Significant Profit Increase

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Bauhaus International Announces Significant Profit Increase

Elevate Your Investing Strategy:

Bauhaus International (Holdings) Ltd. ( (HK:0483) ) has provided an announcement.

Bauhaus International (Holdings) Ltd. has issued a positive profit alert, indicating an expected net profit of HK$7.0 million to HK$11.0 million for the year ended March 31, 2025, a significant increase from the previous year’s HK$1.2 million. This improvement is attributed to the reversal of impairment provisions on right-of-use assets and decreased impairment provisions on property, plant, and equipment, reflecting enhanced operating efficiency and improved asset performance.

More about Bauhaus International (Holdings) Ltd.

Bauhaus International (Holdings) Ltd. is a company incorporated in the Cayman Islands, operating in the fashion retail industry. The company, along with its subsidiaries, focuses on the design, manufacture, and retail of apparel and accessories, primarily targeting the Hong Kong market.

Average Trading Volume: 47,870

Technical Sentiment Signal: Sell

Current Market Cap: HK$78.99M

For detailed information about 0483 stock, go to TipRanks’ Stock Analysis page.

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