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Notes to the Consolidated Financial Statements

31st March 2017

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.

2017 2016

Profit for the year attributable to equity holders of
the Company (HK$’000) 73,897 506,028
Weighted average number of ordinary shares in issue 579,367,720 579,367,720

Basic earnings per share (HK cents) 12.8 87.3

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 2017 and 2016. Therefore, the diluted
earnings per share are the same as basic earnings per share.

13 DIVIDENDS

2017 2016
HK$’000 HK$’000

Interim dividend, paid, of HK5 cents (2016: HK6 cents)
per ordinary share 28,969 34,762
No special dividend paid (2016: HK60 cents
per ordinary share) – 347,621
Final dividend, proposed, of HK5 cents (2016: HK30 cents)
per ordinary share 28,968 173,810
57,937 556,193

At a meeting held on 28th June 2017, the directors proposed a final dividend of HK5 cents per ordinary
share. This proposed dividend is not reflected as a dividend payable in these consolidated financial
statements.

ALCO HOLDINGS LIMITED ANNUAL REPORT 2017 85