Willas-Array Electronics (SGX:BDR, HKG:0854) is expecting to book a narrower net loss in the range of HK$52 million to HK$76 million for nine months ended Dec. 31, 2024, as compared to a net loss of HK$169 million a year earlier.

The decrease in net loss is mainly due to a decrease in exchange loss and finance costs, net impairment reversals and a decline in staff costs, according to a Tuesday filing with the Singapore Exchange.

The company expects to publish its financial findings later this month.