Local fashion products manufacturer Bauhaus International Holdings (0483) yesterday warned that its net profit for the year ended March could fall by as much as 30 to 40 percent.

It blamed the anticipated profit decline to weak retail sales in Taiwan and a "one-off exceptional gains in aggregate amount of about HK$13.6 million recorded in the last financial year from a gain on disposal of a property and a gain on deregistration of subsidiaries."

It posted a net profit of HK$64.9 million for the 2017 year and will announce full-year results next Friday.

Meanwhile, Fujikon Industrial Holdings (0927) said its net profit for the year ended March surged by more than 10 times to HK$30.52 million from the previous financial year. Earning per share were 7.3 HK cents and a final dividend of 5 HK cents per share was proposed. Revenue during the period amounted to HK$1.23 billion, up 6.1 percent year on year, boosted by greater sales from both the headsets and headphones and the accessories and components segments.

Looking ahead, it said it will focus on developing artificial intelligence voice assistant.