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Chairman’s Statement
Though computing devices and tablet Yet another facet of our operation and an
products will play key roles in facilitating inseparable part of our makeup is production.
the Group’s evolution and migration to The Group’s manufacturing facility in Houjie
reasonable margin and premium market Town/Dongguan marked its fifth year of
segments going forward, the important operation as of 2018 and it continued to
role played by our AV products has not operate at the high level of efficiency, owing
diminished; AV products still formed part to timely enhancements and the introduction
of an important foundation and revenue of the latest automation technologies. Most
source of the Group. During the year under recently, such technologies have included
review, AV products continued to perform robotic arms that enable us to realise the
stably owing to steady demand, particularly dual benefits of reducing low-skilled labour
from North American retailers for our sound and consistently producing higher quality
bar systems, amplifiers, Bluetooth wireless products. Such extensive use of automation
speakers, DVD players and home theatre technologies also allows us to quickly ramp
systems. up capacity to address demand for existing
products and for any new products that will
be launched in the future.
ALCO HOLDINGS LIMITED ANNUAL REPORT 2018 7
