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BRIEF-Alco Holdings Ltd expects to record decrease in net profit for year ended 31st march 2017
April 26, 2017 / 12:12 PM / 8 months ago

BRIEF-Alco Holdings Ltd expects to record decrease in net profit for year ended 31st march 2017

April 26 (Reuters) - Alco Holdings Ltd:

* Expected to record a decrease in its net profit for year ended 31st march 2017

* expected result due to an increase in the costs of critical components used by the group in the production of its electronic products

* sees decrease in revenue of approximately 27pct and decrease in net profit for year ended 31 march 2017 of more than 85pct Source :(bit.ly/2oJ0f2I) Further company coverage:

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