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Chairman’s Statement



               Chairman’s Statement











































               GROUP RESULTS AND DIVIDENDS


               During  the  latest  financial  period,  the  Group   The  final  dividend  will  be  paid  on  12th  September
               continued  to  perform  encouragingly,  with  turnover   2016 to the Group’s shareholders upon approval at
               rising by 12% year-on-year to HK$2.9 billion (2015:   the upcoming Annual General Meeting.
               HK$2.6 billion). Correspondingly, profit attributable to
               shareholders rose to HK$506 million (2015: HK$114
               million), which included a gain of HK$221 million on
               the disposal of properties.


               In  view  of  the  strong  cash  position  and  in  line  with
               the  Board  of  Directors’  commitment  to  observing
               a  stable  dividend  payout  policy,  the  directors  have
               resolved  to  declare  a  final  dividend  of  HK30  cents
               (2015:  HK10  cents)  per  share.  This,  combined  with
               the interim dividend of HK6 cents per share already
               paid  (2015:  HK3  cents)  and  a  special  dividend  of
               HK60  cents  per  share  declared,  represents  a  total
               dividend  of  HK96  cents  per  share  for  the  financial
               year (2015: HK13 cents).









         4     ALCO HOLDINGS LIMITED  ANNUAL REPORT 2016
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