Alco Holdings Limited provided earnings guidance for the year ended 31 March 2019. For the year, the Group is expected to record a net loss in the range of HKD 560 million to HKD 570 million for the year ended 31 March 2019. Net loss for the previous year was approximately HKD 86 million. In addition to the reasons stated in the Previous Profit Warning Announcement, the expected increase in net loss of the Group was mainly due to the incorporation of the one-time and non-cash impairment of certain fixed assets, raw materials, intangible assets and deferred tax assets as required by accounting standards.