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5. Income tax expenses/credit (continued)
The amount of taxation (charged)/credited to the condensed consolidated income
statement represents:
Six months ended
30th September
2015 2014
HK$’000 HK$’000

Current income tax
– Hong Kong profits tax (3,401) (40)
– PRC corporate income tax (2,212) (1,605)
Deferred income tax credit 342 3,654

Income tax (expenses)/credit (5,271) 2,009

6. Earnings/loss per share
Basic

Basic earnings/(loss) per share is calculated by dividing the profit/(loss) for the period
attributable to equity holders of the Company by the weighted average number of
ordinary shares in issue during the period.

Six months ended
30th September
2015 2014

Profit/(loss) attributable to equity holders
of the Company (HK$’000) 71,329 (9,181)

Weighted average number of ordinary shares
in issue 579,367,720 579,715,327

Basic earnings/(loss) per share (HK cents) 12.3 (1.6)

Diluted

Diluted earnings/(loss) 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 six months
ended 30th September 2015 and 2014. Therefore, the diluted earnings/(loss) per share
are the same as the basic earnings/(loss) per share.

Interim Report 2015 ALCO HOLDINGS LIMITED 9