Alco Holdings Limited provided earnings guidance for the year ending 31 March 2017. Based on the information currently available to the Board, including the preliminary review of the unaudited consolidated financial information of the Group, the board of directors of the company informed the shareholders of the company and potential investors that the Group is expected to record a significant decrease in its net profit for the year ending 31 March 2017 as compared to that in last financial year. The expected decrease in the net profit of the Group is mainly attributable to the following reasons: the Group recorded a one-off gain of HKD 221 million on the disposal of properties in the financial year ended 31 March 2016; a decrease in profit margin mainly due to an increase in the costs of critical components, including TFT-LCD panels, used by the Group in the production of its electronic products; and keen competition in the market resulting in the Group having difficulties in shifting the increased components cost to customers, thus impacting ability to take on orders. As compared to the financial year ended 31 March 2016, the Group's revenue for the year ending 31 March 2017 is expected to decrease by around 30%.