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Willas-Array: To Record HK$15-25 Million Net Profit In 1H2025.
04 Aug 2025 10:07Willas-Array Electronics (Holdings) Limited is likely to record a consolidated net profit for the Period in the range of HK$15.0 million to HK$25.0 million, as compared to a consolidated net loss of approximately HK$78.6 million for the six months ended June 30, 2024. The Board believes that the significant improvement in the Group's financial performance during the Period is mainly attributable to general improvement in gross profit margin during the Period as compared with FY 2024 Interim, net impairment reversals of certain trade receivables of the Group in the Period as compared to net impairment losses in FY 2024 Interim and a net reversal of allowance for inventory for the Period as compared to stock provision made for the slow-moving inventories in FY 2024 Interim...
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Source: ShareInvestor Express