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Alco Announces FY2021/22 Interim Results, Revenue from Self-Branded Computer Business Surges Nearly 50%
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Alco Announces 2020/21 Annual Results, Notebook Computer Brand Business Thriving Amid Challenging Environment
Overall Business Performance Improved Notably
Strong Market Demand to Continue Favourable Outlook for 2022
HONG KONG, Jun 30, 2021 - (ACN Newswire) - Alco Holdings Limited ( Alco or the Group ; stock code: 00328), a world-leading manufacturer of electronic products, announced its annual results for the year ended 31 March 2021 (the Year ).
Year 2020 was challenging due to the COVID-19 pandemic, nonetheless, with notebook computers in strong demand, the Group recorded a 33% increase in turnover to HK$1,279 million (2020: HK$961 million). Notebook computer sales were HK$632 million, representing 261% year-on-year growth (2020: HK$175 million), with sales volume near a quarter million units, evidencing the popularity and consumer acceptance of Alco s notebook computer brands.