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Notes to the Consolidated Financial Statements


                                                                                                 31st March 2015


             12  EARNINGS/(LOSS) PER SHARE (continued)


                  Diluted

                  Diluted  earnings/(loss)  per  share  is  calculated  by  adjusting  the  weighted  average  number  of  ordinary
                  shares outstanding to assume conversion of all dilutive potential ordinary shares. The Company has only
                  one category of dilutive potential ordinary share: share option. Share options had been fully exercised
                  or lapsed in prior years. There were no dilutive potential ordinary shares during the years ended 31st
                  March 2015 and 2014. Therefore, the diluted earnings per share are the same as basic earnings per
                  share.

             13  DIVIDENDS


                                                                                       Company
                                                                                     2015             2014
                                                                                  HK$’000          HK$’000
                  Interim dividend, paid, of HK3 cents
                    (2014: HK3 cents) per ordinary share                            17,381           17,403
                  Final dividend, proposed, of HK10 cents
                    (2014: HK4 cents) per ordinary share                            57,937           23,175

                                                                                    75,318           40,578


                  At  a  meeting  held  on  25th  June  2015,  the  directors  proposed  a  final  dividend  of  HK10  cents  per
                  ordinary  share.  This  proposed  dividend  is  not  reflected  as  a  dividend  payable  in  these  consolidated
                  financial statements.





































                                                                      ALCO HOLDINGS LIMITED  ANNUAL REPORT 2015  69
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