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Willas-Array Electronics (Holdings) Limited ( (SG:BDR) ) has shared an announcement.
Willas-Array Electronics (Holdings) Limited has issued a positive profit alert, indicating a significant turnaround in its financial performance for the six months ending June 30, 2025. The company expects to report a consolidated net profit between HK$15.0 million and HK$25.0 million, a stark contrast to the HK$78.6 million net loss reported in the same period of the previous year. This improvement is attributed to better gross profit margins, net impairment reversals on trade receivables, and a reversal of inventory allowances. The final unaudited financial results are expected to be published in mid-August 2025.
More about Willas-Array Electronics (Holdings) Limited
Willas-Array Electronics (Holdings) Limited is a company incorporated in Bermuda, operating in the electronics industry. It is listed on both the Hong Kong and Singapore stock exchanges, with a focus on electronics distribution and related services.
Learn more about BDR stock on TipRanks’ Stock Analysis page.