WILLAS-ARRAY (00854) announced that the Group expects to achieve a consolidated net profit of approximately HK$15-25 million for the first half of 2025, compared to a consolidated net loss of approximately HK$78.6 million in the interim period of 2024. The Board believes that the Group's significantly improved financial performance during this period is mainly attributable to the following factors: (i) an overall improvement in gross margin during this period compared to the interim period of fiscal year 2024; (ii) a net reversal of impairment on certain trade receivables of the Group during this period, whereas there was a net impairment loss in the interim period of fiscal year 2024; and (iii) achieving a net reversal of inventory provisions during this period, whereas provisions were made for slow-moving inventory in the interim period of fiscal year 2024.