WILLAS-ARRAY (00854) announced its interim results for 2025, reporting revenue of approximately HK$1.159 billion, representing a 2.1% decrease compared to the same period last year. The company recorded a profit attributable to owners of HK$20.726 million, successfully turning from loss to profit year-over-year. Basic earnings per share stood at HK$0.2363.

According to the announcement, the revenue decline was attributed to decreased sales across all business segments except for the automotive electronics and other segments. The turnaround from loss to profit was primarily due to the following factors: overall improvement in gross profit margin during the first half compared to the same period in fiscal 2024; net reversal of impairment on certain trade receivables during the first half of fiscal 2025, whereas there was a net impairment loss in the first half of fiscal 2024; and net reversal of inventory provisions during the first half, compared to inventory provisions made for slow-moving stock in the first half of fiscal 2024.