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Chairman’s Statement
Chairman’s Statement
Chairman
LEUNG KAI CHING, KIMEN
GROUP RESULTS AND DIVIDENDS resolved to declare a final dividend of HK10 cents
(2014: HK4 cents) per share, which, combined with
On behalf of the Board of Directors, I am pleased to an interim dividend of HK3 cents per share already
present the financial results of Alco Holdings Limited paid (2014: HK3 cents), represents a total dividend
(the “Company”) and its subsidiaries (collectively, the of HK13 cents per share for the financial year (2014:
“Group”) for the year ended 31st March 2015. HK7 cents).
As at the close of the reporting year, the Group The final dividend will be paid on 11th September
recorded turnover of HK$2.6 billion, representing 2015 to the Group’s shareholders upon approval at
a year-on-year increase of 12% (2014: HK$2.3 the upcoming Annual General Meeting.
billion). Profit attributable to shareholders amounted
to HK$114 million (2014: loss of HK$19 million),
and was mainly due to (i) the increase in turnover;
(ii) improvement in gross margin; and (iii) the Group
being no longer impacted by a one-time write-off
of the plastic operation and investment in Hydis as
reported in the 2014 financial year.
In view of the positive performance of the Group
and the Board of Directors’ commitment to observe
a stable dividend payout policy, the directors have
4 ALCO HOLDINGS LIMITED ANNUAL REPORT 2015