Willas-Array Electronics Records 35% Narrower Attributable Loss in Six Months to September

MT Newswires Live12-19 19:50

Willas-Array Electronics (Holdings) (HKG:0854, SGX:BDR) recorded a loss attributable to owners of HK$62.2 million in the six months ended Sept. 30, 34.7% narrower than HK$95.2 million logged for the corresponding period last year, a Thursday filing with the Hong Kong Exchange said.

Loss per share stood at HK$0.7089 for the reporting period, compared with HK$1.0868 per share recorded for the year-ago period.

The electronic components distributor and trader's revenue for the six months under review was HK$1.19 billion, 12.5% lower than HK$1.36 billion booked a year ago.

The company attributed the decrease in revenue to a decrease in sales from all of its business segments besides the Industrial and Dealer segments.

Price (HKD): $3.26, Change: $-0.030, Percent Change: -0.91%

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