Alco (HKG:0328) expects to record a loss for the fiscal year ended March 31, according to a bourse filing Friday.
Shares gained over 14% in afternoon trade on Monday.
The electronics manufacturer expects to book a loss of between HK$60 million and HK$70 million, compared with a profit of HK$592 million a year prior.
The company attributed the loss to a host of factors, including a decline in revenue.
Alco's financial results are expected on Monday, June 30.
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