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Bauhaus International (Holdings) Ltd Comments On H1 2013 Guidance

Monday, 11 Nov 2013 07:03am EST 

Bauhaus International (Holdings) Ltd announced that based on information available, the Group’s unaudited consolidated net profit for the first half of 2013 is expected to increase significantly as compared to that of the corresponding period in last year. The Board considers that the increase in the consolidated net profit is mainly attributable to the increase in revenue principally brought by same store sales growth in the Group’s self-managed retail shops in various regions the Group operates; and the reduction in operating expenses as a result of effective cost control. 

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