WILLAS-ARRAY (00854) anticipates a comprehensive net profit of approximately HK$45 to HK$55 million for the fiscal year 2025.

WILLAS-ARRAY (00854) announced that the board of directors expects the comprehensive net loss for the nine months ending on December 31, 2024 (2024 period) to be approximately HK$ 61.6 million. The group is likely to achieve a comprehensive net profit of approximately HK$ 45 million to HK$ 55 million for the year ending on December 31, 2025 (2025 fiscal year). The board believes that the significant improvement in the group's financial performance in the 2025 fiscal year is mainly attributed to the following factors: an improvement in gross profit margin compared to the overall performance in the 2024 period, mainly due to the introduction and expansion of high-profit product lines, development of high-yield customer groups through new trade models, and additional incentive measures offered by suppliers after demonstrating strong performance; a reversal of inventory provisions in the 2025 fiscal year, while inventory provisions were made for slow-moving inventory in the 2024 period; and a reversal of impairment provision for certain trade receivables in the 2025 fiscal year.