Alco Holdings Limited (Stock Code: 328) Announces Interim Results for the Six Months Ended 30 September 2025

Bulletin Express
2025/11/30

Alco Holdings Limited reported that for the six months ended 30 September 2025, revenue reached HK$62 million, up from HK$50 million in the same period of 2024. The loss for the period narrowed to HK$19 million, compared to HK$24 million previously. Gross margin improved to approximately 10%, reflecting cost reductions from shifting to an OEM/ODM production model.

Management highlighted a focus on restructuring, reducing overheads, and closing unprofitable overseas operations. As of 30 September 2025, the entity showed net current liabilities of HK$143 million, with a total deficit of HK$84 million. Bank borrowings stood at HK$48 million, primarily secured by pledged properties, while shareholders’ loans amounted to HK$38 million. No interim dividend was declared.

Future plans include continued cost containment, disinvestment of certain properties to reduce liabilities, and exploration of potential business partnerships. The company remains attentive to managing financial resources, strengthening its operational structure, and pursuing additional sales channels to address ongoing market challenges.

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