Alco Holdings Faces Revenue Decline Amid Market Challenges

Alco Holdings (HK:0328) has released an update.

Alco Holdings reported a significant drop in revenue to HK$50 million for the first half of 2024, compared to HK$86 million in the same period last year, resulting in a loss of HK$24 million from continuing operations. The company’s financial performance highlights ongoing challenges in the market, with steep declines in both revenue and profit margins.

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