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Express News | Willas-Array Electronics (Holdings) H1 Gross Margin 2%
WILLAS-ARRAY: Announcement of Unaudited Interim Results for the Six Months ended September 30, 2024
Willas-array (00854.HK) will hold a board of directors meeting on November 22 to consider and approve the interim performance.
Willas-array (00854.HK) announced that the board of directors will convene a meeting on November 22, 2024 (Friday) to consider and approve the unaudited interim financial performance of the company and its subsidiaries for the six months ended September 30, 2024 for publication and to consider the distribution of interim dividends (if any).
WILLAS-ARRAY: Date of Board Meeting
Willas-Array Electronics Forecasts Reduced Losses for FY2025
Willas-Array (00854.HK) expects the comprehensive net loss in the first half of the 2025 fiscal year to narrow year-on-year.
Grain Digest November 8th: willas-array (00854.HK) announced that the board of directors expects a comprehensive net loss of approximately 95.3 million Hong Kong dollars for the six months ended September 30, 2023, with the group likely to record a comprehensive net loss of approximately 62.1 million Hong Kong dollars in the first half of the 2025 fiscal year. The expected reduction in comprehensive net loss in the first half of the 2025 fiscal year is mainly due to: (i) RMB depreciation against the Hong Kong dollar resulting in an exchange loss of approximately 2.7 million Hong Kong dollars in the first half of the 2025 fiscal year, while there was a significant exchange difference of approximately 15.4 million Hong Kong dollars in the first half of the 2024 fiscal year; (ii) a decrease in financing costs of approximately 13.9 million Hong Kong dollars.
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