10:32 PM EDT, 07/27/2022 (MT Newswires) -- Alco Holdings (HKG:0328) widened its audited loss for the fiscal year 2022 from a year ago on a higher cost of goods sold, according to a Thursday stock filing.
Audited attributable loss for the year through March 31 came to HK$594.6 million ($75.7 million), compared with the unaudited figure of HK$527.3 million.
Revenue stayed flat at HK$591.3 million but the cost of goods jumped to HK$887.3 million from HK$820.0 million.
Shares in the electronic products maker dropped more than 10% in Thursday morning trading.
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