WILLAS-ARRAY ELECTRONICS (HOLDINGS) LIMITED (00854) has announced that the board of directors expects the group to report a consolidated net profit of approximately HK$45 million to HK$55 million for the fiscal year ending December 31, 2025. This is a significant turnaround compared to the consolidated net loss of about HK$61.6 million recorded for the nine-month period ended December 31, 2024.

The board attributes this notable improvement in the group's financial performance for the 2025 fiscal year primarily to the following factors: an overall enhancement in the gross profit margin for FY2025. This improvement is largely due to the introduction and expansion of high-margin product lines during the year, the development of a high-yield customer base through new trade models, and the receipt of additional incentives from suppliers following a demonstration of strong operational performance. Furthermore, the group recognized a net reversal of inventory provisions in FY2025, contrasting with the inventory provisions made for slow-moving stock during the 2024 period. Additionally, the group achieved a net reversal of impairment losses on certain trade receivables in the 2025 fiscal year.