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

Income statement

Metric	TTM	2025	2025	2024	2023
Revenue
Total Revenue	2.5B	2.4B	2.4B	2.7B	3.1B
Cost of Revenue	2.3B	2.1B	2.3B	2.6B	2.9B
Gross Profit	237.2M	218.5M	94.4M	100.4M	278.7M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	162.4M	157.2M	158.1M	194.2M	212.1M
General & Admin Expense	137.6M	138.5M	142.0M	171.6M	183.2M
Selling & Marketing Expense	20.9M	18.7M	18.8M	22.6M	28.9M
Other Expenses	—	—	(7.7M)	9.0M	—
Total Operating Expenses	162.4M	157.2M	150.4M	203.2M	212.1M
Cost and Expenses	2.4B	2.3B	2.4B	2.8B	3.1B
Operating Income (EBIT)	74.8M	61.3M	(63.7M)	(102.8M)	67.5M
Non-Operating
Interest Income	—	—	—	1.2M	3.5M
Interest Expense	19.9M	27.9M	35.0M	52.6M	43.8M
Net Interest Income	(25.6M)	(27.9M)	(35.0M)	(51.4M)	(40.3M)
Other Non-Op Income/Expense	(11.2M)	(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)	63.6M	42.8M	(94.8M)	(170.0M)	4.3M
Income Tax Expense	(8.6M)	(8.2M)	(9.0M)	(707.0K)	1.6M
Bottom Line
Net Income	71.3M	51.0M	(85.9M)	(169.2M)	2.7M
Earnings from Cont. Ops	72.4M	51.0M	(85.9M)	(169.3M)	2.7M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	71.3M	51.0M	(85.9M)	(169.2M)	2.7M
Per Share
Basic EPS	HK$0.72	HK$0.54	(HK$0.98)	(HK$1.93)	HK$0.03
Diluted EPS	HK$0.72	HK$0.54	(HK$0.98)	(HK$1.93)	HK$0.03
Revenue Per Share	HK$24.43	HK$24.89	HK$27.09	HK$30.41	HK$35.79
Shares
Basic Shares Outstanding	103.0M	94.8M	87.7M	87.6M	87.6M
Diluted Shares Outstanding	103.0M	94.8M	87.7M	87.6M	87.6M
Profitability Metrics
EBITDA	96.6M	84.4M	(44.3M)	(94.4M)	72.6M
D&A	12.4M	13.7M	15.5M	22.6M	22.9M
EBIT	84.2M	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 Jun 1, 2026