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Bauhaus International (Holdings) Limited
(Incorporated in the Cayman Islands with limited liability)
(Stock Code: 483)
SAME STORE SALES GROWTH
FOR THE FOURTH QUARTER OF 2020/21 FINANCIAL YEAR
AND THE YEAR ENDED 31 MARCH 2021
Bauhaus International (Holdings) Limited (the "Company", together with its subsidiaries, the "Group") is pleased to announce the same store sales growth* of the Group's self-managed offline shops for (1) the three months ended 31 March 2021 and (2) the year ended 31 March 2021.
The same store sales performance of the Group's self-managed retail business in various operating segments and the weighted average number of corresponding shops were as follows:
Same store sales growth | Weighted average number of | |||
Year-on-year change | corresponding shops | |||
Three months | Year | Three months | Year | |
ended | ended | ended | ended | |
31 March | 31 March | 31 March | 31 March | |
2021 | 2021 | 2021 | 2021 | |
Hong Kong and Macau | -27% | -39% | 47 | 50 |
Non-Hong Kong and Macau** | -93% | -42% | 3 | 16 |
Group | -29% | -40% | 50 | 66 |
Remarks:
- Same store sales growth represents a comparison of sales of the same self-managed shop having full month operations in the comparable periods; and such data does not include sales of any shop that was newly opened during the respective covering periods of the above mentioned same store sales growth.
- The non-Hong Kong & Macau segment is a combined operating unit, which was mostly contributed by the Group's retail operations in Taiwan and Mainland China.
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As at 31 March 2021, the Group had a total of 49 self-managed offline shops in the following operating segments:
Number of self-managed shops | |||||
As at | As at | ||||
31 March | 31 March | ||||
2021 | 2020 | Change | |||
Hong Kong and Macau | 49 | 65 | -16 | ||
Non-Hong Kong and Macau | - | 37 | -37 | ||
49 | 102 | -53 | |||
CAUTION STATEMENT | |||||
The board of directors of the Company wishes to remind investors that the above operational data is based on the Company's internal records which have not been audited by auditors.
Shareholders of the Company and potential investors are advised to exercise caution when dealing in the shares of the Company.
By Order of the Board
Bauhaus International (Holdings) Limited
Wong Yui Lam
Chairman
Hong Kong, 9 April 2021
As at the date of this announcement, the board of directors of the Company comprises three executive directors, namely Dr. Wong Yui Lam, Madam Tong She Man, Winnie and Mr. Yeung Yat Hang and three independent non-executive directors, namely Mr. Mak Wing Kit, Mr. Chu To Ki and Mr. Wong Man Tai.
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Bauhaus International (Holdings) Limited published this content on 09 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 April 2021 09:25:02 UTC.