Willas-Array issues a profit warning, expecting to turn a loss into a profit of approximately HKD 15 million to 25 million in the first half of the year compared to the same period last year
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WILLAS-ARRAY expects to achieve a consolidated net profit of approximately HKD 15 million to 25 million in the first half of 2025, a significant improvement compared to the net loss of HKD 78.6 million in mid-2024. The board pointed out that the reasons for the improvement in financial performance include an increase in gross profit margin, reversal of impairment on trade receivables, and reversal of inventory provisions
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