Gronghui Bauhaus International (00483.HK) notice on November 26thIn the interim results for the six months ended September 30, 2021, the group's turnover fell by about 31.6% to about HK $116.7 million. The Group recorded a net profit of about HK $34.1 million (2020: net loss of HK $37.6 million).Basic and diluted earnings per share are approximately HK9.3 cents (2020: HK10.2 cents per share). The interim dividend and the third special dividend have been declared at HK2.5 cents (2020: HK2.5 cents) and HK30.5 cents per ordinary share respectively.
During the period under review, the group's same-store sales growth rate gradually improved to about-11% (2020:-45%). The decline in sales was mainly due to the continuing impact of the COVID-19 epidemic and the strategic inefficiency of streamlining sales channels in the past few years to reduce losses.