Alco Expects Swing to Loss in Fiscal H1

MT Newswires Live11-29

Alco (HKG:0328) expects a loss of about HK$20 million to HK$30 million in the six months ended Sept. 30, compared with a profit of HK$572 million for the corresponding period of the previous year, according to a Thursday filing with the Hong Kong bourse.

Electronic product manufacturers plan to publish their financial results on Nov. 29.

The company's shares were down over 1% in the recent trading.

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