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Bauhaus International swings to loss in fiscal H1

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Bauhaus International swings to loss in fiscal H1

4910819 said its normalized net income for the fiscal first half ended Sept. 30 was a loss of 4 Hong Kong cents per share, compared with 4 cents per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of HK$15.8 million, compared with income of HK$15.5 million in the prior-year period.

Total revenue declined 8.0% on an annual basis to HK$585.4 million from HK$636.3 million, and total operating expenses came to HK$609.4 million, compared with HK$612.0 million in the prior-year period.

eported net income totaled a loss of HK$26.5 million, or a loss of 7 cents per share, compared to income of HK$20.9 million, or 6 cents per share, in the prior-year period.Bauhaus International (Holdings) Ltd

4910819 said its normalized net income for the fiscal first half ended Sept. 30 was a loss of 4 Hong Kong cents per share, compared with 4 cents per share in the year-earlier period.