Bauhaus International (HKG:0483) expects a net profit of between HK$7 million and HK$11 million for the year ended March 31, up from HK$1.2 million a year prior, a Friday Hong Kong bourse filing said.

The apparel company attributed the higher anticipated profit mainly to the reversal of impairment provision on right-of-use assets, and a lower impairment provision on property, plant, and equipment.