Willas-Array Electronics (Holdings) Limited (00854.HK) Financial Statements

Income statement

Metric	TTM	2025	2025	2024	2023
Revenue
Total Revenue	2.4B	2.4B	2.4B	2.7B	3.1B
Cost of Revenue	2.1B	2.1B	2.3B	2.6B	2.9B
Gross Profit	218.5M	218.5M	94.4M	100.4M	278.7M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	157.2M	157.2M	158.1M	194.2M	212.1M
General & Admin Expense	138.5M	138.5M	142.0M	171.6M	183.2M
Selling & Marketing Expense	18.7M	18.7M	18.8M	22.6M	28.9M
Other Expenses	—	—	(7.7M)	9.0M	—
Total Operating Expenses	157.2M	157.2M	150.4M	203.2M	212.1M
Cost and Expenses	2.3B	2.3B	2.4B	2.8B	3.1B
Operating Income (EBIT)	61.3M	61.3M	(63.7M)	(102.8M)	67.5M
Non-Operating
Interest Income	—	—	—	1.2M	3.5M
Interest Expense	27.9M	27.9M	35.0M	52.6M	43.8M
Net Interest Income	(27.9M)	(27.9M)	(35.0M)	(51.4M)	(40.3M)
Other Non-Op Income/Expense	(18.5M)	(18.5M)	(31.2M)	(67.2M)	(67.3M)
Non-Operating Income (excl Interest)	(9.3M)	(9.3M)	(3.8M)	14.3M	—
EBT (Pre-Tax Income)	42.8M	42.8M	(94.8M)	(170.0M)	4.3M
Income Tax Expense	(8.2M)	(8.2M)	(9.0M)	(707.0K)	1.6M
Bottom Line
Net Income	51.0M	51.0M	(85.9M)	(169.2M)	2.7M
Earnings from Cont. Ops	51.0M	51.0M	(85.9M)	(169.3M)	2.7M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	51.0M	51.0M	(85.9M)	(169.2M)	2.7M
Per Share
Basic EPS	HK$0.54	HK$0.54	(HK$0.98)	(HK$1.93)	HK$0.03
Diluted EPS	HK$0.54	HK$0.54	(HK$0.98)	(HK$1.93)	HK$0.03
Revenue Per Share	HK$24.89	HK$24.89	HK$27.09	HK$30.41	HK$35.79
Shares
Basic Shares Outstanding	94.8M	94.8M	87.7M	87.6M	87.6M
Diluted Shares Outstanding	94.8M	94.8M	87.7M	87.6M	87.6M
Profitability Metrics
EBITDA	84.4M	84.4M	(44.3M)	(94.5M)	73.4M
D&A	13.7M	13.7M	15.5M	22.5M	23.7M
EBIT	70.7M	70.7M	(59.9M)	(117.0M)	49.7M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Dec 1, 2025