Alco Swings to Loss in Fiscal H1

MT Newswires Live

2024/12/02

Alco (HKG:0328) swung to an attributable loss of HK$24.3 million in the six months ended Sept. 30 from a profit of HK$572.4 million in the year-ago period, according to a Friday filing with the Hong Kong Exchange.

The electronic product manufacturer swung to a loss per share of HK$0.25 from earnings per share of HK$14.26 in the previous year.

Revenue plunged to HK$49.7 million from HK$85.7 million a year earlier.

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