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2. Changes in accounting policies (continued)
The following new standards and amendments to existing standards have been
published but are not yet effective for the financial year beginning 1st April 2015 and
have not been early adopted by the Group:

HKAS 1 (Amendment) Disclosure Initiative 1
HKAS 16 and HKAS 38 Clarification of Acceptable Methods of
(Amendment) Depreciation and Amortisation 1
HKAS 27 (Amendment) Equity Method in Separate Financial Statements 1
HKAS 28 and HKFRS 10 Sale or Contribution of Assets between an
(Amendment) Investor and its Associate or Joint Venture 1
HKAS 28, HKFRS 10 and Investment Entities: Applying the Consolidation
HKFRS 12 (Amendment) Exception 1
HKFRS 9 Financial Instruments 2
HKFRS 11 (Amendment) Accounting for Acquisition of Interest in Joint
Operations 1
HKFRS 14 Regulatory Deferral Accounts 1
HKFRS 15 Revenue from Contracts with Customers 2
HKFRS (Amendment) Annual Improvements 2012-2014 Cycle 1
Effective for annual periods beginning on or after 1st January 2016
1
Effective for annual periods beginning on or after 1st January 2018
2
The Group has already commenced an assessment of the impact of the above new
standards and amendments to existing standards, but is not yet in a position to state
whether these new standards and amendments to existing standards would have a
significant impact to its results of operations and financial position.

3. Segment information

(a) Segment analysed by products
The Group mainly operates in the People’s Republic of China (the “PRC”) and
Hong Kong and is principally engaged in designing, manufacturing and selling
consumer electronic products.

Six months ended
30th September
2015 2014
HK$’000 HK$’000

Segment revenue 1,383,088 1,095,396

Segment results 69,441 (15,657)

Interim Report 2015 ALCO HOLDINGS LIMITED 7