Alco Holdings Limited provided group earnings guidance for the six months ended September 30, 2012. The company announced that it is expected to record a loss for the six months of 2012 as compared to a profit for the corresponding period in 2011. The expected loss of the Group was mainly attributable to a decrease in revenue due to weak economy in North America and Europe; and an impairment on available-for-sale financial assets.

Despite the expected loss, the board considers that the overall operation and financial position of the group remain sound and solid and the board remains positive on the long term prospect of the group.