Willas-Array (SGX:BDR, HKG:0854) expects a net profit of between HK$45 million and HK$55 million for the year 2025, compared with a net loss of HK$61.6 million for the nine months ended Dec. 31, 2024, according to a Friday Hong Kong bourse filing.

The electronic components distributor and trader attributed the forecast to an improved gross profit margin, a net reversal of allowance for inventory, and net impairment reversals of certain trade receivables.

The reporting period covers a 12-month period ended December 31, 2025, while the comparative financial statements cover a nine-month period ended Dec. 31, 2024.