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Notes to the Consolidated Financial Statements


               31st March 2016


               12  EARNINGS PER SHARE


                   Basic

                   Basic earnings per share is calculated by dividing the profit for the year attributable to equity holders of
                   the Company by the weighted average number of ordinary shares in issue during the year.

                                                                                      2016             2015

                   Profit for the year attributable to equity holders of
                     the Company (HK$’000)                                          506,028          114,250
                   Weighted average number of ordinary shares in issue          579,367,720      579,541,999

                   Basic earnings per share (HK cents)                                 87.3             19.7


                   Diluted

                   Diluted earnings per share is calculated by adjusting the weighted average number of ordinary shares
                   outstanding  to  assume  conversion  of  all  dilutive  potential  ordinary  shares.  There  were  no  dilutive
                   potential  ordinary  shares  during  the  years  ended  31st  March  2016  and  2015.  Therefore,  the  diluted
                   earnings per share are the same as basic earnings per share.


               13  DIVIDENDS


                                                                                      2016             2015
                                                                                   HK$’000          HK$’000

                   Interim dividend, paid, of HK6 cents (2015: HK3 cents)
                     per ordinary share                                              34,762           17,381
                   Special dividend, declared, of HK60 cents (2015: Nil)
                     per ordinary share                                             347,621                –
                   Final dividend, proposed, of HK30 cents (2015: HK10 cents)
                     per ordinary share                                             173,810           57,937
                                                                                    556,193           75,318


                   At  a  meeting  held  on  22nd  June  2016,  the  directors  proposed  a  final  dividend  of  HK30  cents  per
                   ordinary  share.  This  proposed  dividend  is  not  reflected  as  a  dividend  payable  in  these  consolidated
                   financial statements.
















         66    ALCO HOLDINGS LIMITED  ANNUAL REPORT 2016
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