Alco Holdings recorded a turnover of HKD 148,000,000 for the fiscal year ending on March 31, 2024, an increase of 66% compared to HKD 89,000,000 in the previous year. Gross profit was HKD 9,000,000, while there was a loss of HKD 11,000,000 in the same period last year. Net profit for the year was HKD 592,000,000, mainly due to the cancellation of the consolidated financial statements and the sale of operating business units with income of HKD 596,000,000, while there was a loss of HKD 516,000,000 in the previous year mainly due to the loss of operating business of HKD 424,000,000. The directors do not recommend the payment of a final dividend. The core business of the Group is the development and sale of notebook computers and tablets under our own...Show More

Alco Holdings recorded a turnover of HKD 148,000,000 for the fiscal year ending on March 31, 2024, an increase of 66% compared to HKD 89,000,000 in the previous year. Gross profit was HKD 9,000,000, while there was a loss of HKD 11,000,000 in the same period last year. Net profit for the year was HKD 592,000,000, mainly due to the cancellation of the consolidated financial statements and the sale of operating business units with income of HKD 596,000,000, while there was a loss of HKD 516,000,000 in the previous year mainly due to the loss of operating business of HKD 424,000,000. The directors do not recommend the payment of a final dividend. The core business of the Group is the development and sale of notebook computers and tablets under our own brand. Despite the challenging business environment, the company is still exploring new products and market and seeking to improve operational efficiency through its network of business partners and investors. The overall financial condition is still challenging, and excluding one-time gains from the disposal of subsidiary companies, the company will still face a net loss this fiscal year. The company will continue to rely on fundraising in the capital markets and seek a stable and profitable operating model.