Clothing retailer Bauhaus International (Holdings) Ltd. saw its same-store sales growth drop 8 per cent year-on-year for the six months ended September 30, it told Hong Kong Stock Exchange yesterday. However, the company did not disclose how this increase was translated in terms of financial results for the first half of its fiscal year. According to the retailer, its same-store sales growth in the Hong Kong and Macau market was down 7 per cent year-on-year during the six months, while those in Taiwan and Mainland China dropped 18 per cent and 2 per cent year-on-year, respectively. For its second fiscal quarter, the company registered decreases in same-store sales growth of 6 per cent in general. In terms of segment, the same-store sales growth of the company declined 4 per cent year-on-year in Hong Kong and Macau, while a year-on-year decrease of 17 per cent and 3 per cent was recorded in its Taiwan and China markets, respectively. During the same period of last year, the retailer’s profit before tax generated in the two Special Administrative Regions reached HK$56.3 million (US$7.26 million) following same-store sales growth of around 20 per cent in the cities, according to its last interim report. As at the end of last month, the company had 217 stores in Greater China.
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