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Chairman’s Statement
As we seek to expedite development of our our production goals. We will therefore
new businesses, production efficiency and continue to attract highly skilled individuals to
manufacturing excellence will take on added join our workforce in order to maintain that the
importance. And even though our Houjie men and women in our manufacturing teams
Town production facility already allows us can cater to the ever more complex nature of
to readily adjust capacity and flexibly meet the Group’s products as well as to the higher
various production parameters owing to its levels of production precision and flexibility
high level of automation, the human factor that such products require.
remains integral and indispensable in fulfilling
The challenging financial year that just APPRECIATION
concluded has only made us more determined
and motivated to realise our long-term strategy On behalf of the Board of Directors, I
of migrating towards premium segments of would like to extend my appreciation to the
the market. Though we will undoubtedly face management team for their dedication and
numerous obstacles along this journey, we are diligence during the challenging past year. I
unperturbed and remain fully focused on the wish to also offer my gratitude to the entire
big picture. We will leverage all of our strengths Alco workforce for all of their contributions to
to achieve our goals and to deliver equitable the Group. Certainly worthy of our gratitude
returns to our shareholders. are our customers, business partners and
shareholders for extending their support.
Wilson Leung
Chairman and Chief Executive Officer
Hong Kong, 20th June 2018
10 ALCO HOLDINGS LIMITED ANNUAL REPORT 2018