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Report of the Directors
Report of the Directors
The directors submit their report together with the audited financial statements for the year ended 31st March
2017.
PRINCIPAL ACTIVITIES AND SEGMENT ANALYSIS
The principal activity of the Company is investment holding. The activities of the subsidiaries are set out in
Note 18 to the consolidated financial statements.
Analysis of the Group’s performance for the year by product and geographical area is set out in Note 5 to the
consolidated financial statements.
RESULTS AND APPROPRIATIONS
The results of the Group for the year are set out in the consolidated income statement on page 44.
The directors have declared an interim dividend of HK5 cents per ordinary share, totalling HK$28,969,000.
The directors recommended the payment of a final dividend of HK5 cents per ordinary share, totalling
HK$28,968,000.
BUSINESS REVIEW
A review of the business of the Group during the year as required by Schedule 5 of the Companies Ordinance
(Chapter 622 of the Laws of Hong Kong) is included in the Report of the Directors and covered by different
sections in this annual report. Those sections form part of this Report of the Directors.
ENVIRONMENTAL POLICIES AND PERFORMANCE
The Group is committed to managing and, where possible, minimizing environmental impacts attributable
to its operation. The Group actively controls and endeavors to reduce emissions and waste, and uses
energy and resources in an efficient manner. It also uses environmental-friendly production parts in its
manufacturing operation. In addition, the Group’s management team constantly reviews the effectiveness of
the environmental protection measures and makes improvement where necessary.
ALCO HOLDINGS LIMITED ANNUAL REPORT 2017 29
