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Consolidated Income Statement
For the year ended 31st March 2018

Consolidated Income Statement

For the year ended 31st March 2018

2018 2017
Note HK$’000 HK$’000

Revenue 5 2,080,707 2,100,142

Cost of goods sold 7 (1,982,104) (1,862,266)

Gross profit 98,603 237,876

Other income 6 41,227 33,022

Selling expenses 7 (95,117) (84,351)

Administrative expenses 7 (96,978) (96,192)

Other operating expenses 7 (17,826) (12,083)

Operating (loss)/profit (70,091) 78,272

Finance income 10 8,045 9,875

Finance costs 10 (9,253) (10,268)

(Loss)/profit before income tax (71,299) 77,879

Income tax expense 11 (14,637) (3,987)
(Loss)/profit for the year (85,936) 73,892

(Loss)/profit for the year attributable to:
– Equity holders of the Company (85,808) 73,897
– Non-controlling interests (128) (5)
(85,936) 73,892

(Loss)/earnings per share attributable to
equity holders of the Company
– Basic 12 (HK14.8 cents) HK12.8 cents
– Diluted 12 (HK14.8 cents) HK12.8 cents

Dividends 13 28,930 57,937

The notes on pages 58 to 118 are an integral part of these consolidated financial statements.

52 ALCO HOLDINGS LIMITED ANNUAL REPORT 2018