Willas-Array says its expected consolidated net loss is mainly attributable to a decline in sales revenue as a result of the weak demand, strong inflation and continuous interest rate increases in 1HFY2024.
Electronics company Willas-Array (SGX:BDR
) says it expects to report a loss of some HK$95.2 million ($16.4 million) for its 1HFY2024 ended Sept 30.
This is compared with the company’s consolidated net profit of approximately HK$12.8 million for the same period last year.
