Bauhaus International (Holdings) Limited (483) provided additional details regarding its property acquisition, which is intended to improve accommodation for frontline sales representatives, including foreign staff under the Enhanced Supplementary Labor Scheme. The decision was driven by complaints about substandard living conditions in leased quarters and aims to address high staff turnover—recorded at approximately 68% for the year ended 31 March 2025—while ensuring cost control and compliance with relevant requirements.

According to the announcement, the group’s retail operations in Hong Kong and Macau have experienced market volatility. However, the company has returned to profitability for the financial year ended 31 March 2025. Citing cautious market sentiment and a subdued retail outlook, the board decided not to declare a dividend for the period to maintain a stronger balance sheet. The board intends to review capital management strategies and may consider dividend distribution under its policy should market conditions improve. Shareholders and potential investors have been advised to exercise caution in dealing with the company’s securities.