APWC

The latest earnings release from Asia Pacific Wire & Cable Corporation Limited (NASDAQ:APWC ) disappointed investors. Our analysis found several concerning factors in the earnings report beyond the strong statutory profit number. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. One essential aspect of assessing earnings quality is to look at how much a company is diluting shareholders. Asia Pacific Wire & Cable expanded the number of shares on issue by 100% over the last year. Therefore, each share now receives a smaller portion of profit. To talk about net income, without noticing earnings per share, is to be distracted by the big numbers while ignoring the smaller numbers that talk to per share value. You can see a chart of Asia Pacific Wire & Cable's EPS by clicking here. As you can see above, Asia Pacific Wire & Cable has been growing its net income over the last few years, with an annualized gain of 62% over three years. But EPS was only up 45% per year, in the exact same period. And the 100% profit boost in the last year certainly seems impressive at first glance. On the other hand, earnings per share are only up 83% in that time. And so, you can see quite clearly that dilution is having a rather significant impact on shareholders. Changes in the share price do tend to reflect changes in earnings per share, in the long run. So it will certainly be a positive for shareholders if Asia Pacific Wire & Cable can grow EPS persistently. However, if its profit increases while its earnings per share stay flat (or even fall) then shareholders might not see much benefit. For the ordinary retail shareholder, EPS is a great measure to check your hypothetical "share" of the company's profit. Note: we always recommend investors check balance sheet strength. Click here to be taken to our balance sheet analysis of Asia Pacific Wire & Cable. Finally, we should also consider the fact that unusual items boosted Asia Pacific Wire & Cable's net profit by US$1.9m over the last year. While we like to see profit increases, we tend to be a little more cautious when unusual items have made a big contribution. We ran the numbers on most publicly listed companies worldwide, and it's very common for unusual items to be once-off in nature. And, after all, that's exactly what the accounting terminology implies. A...

Quarterly revenue of $130.8 million, up 30% from a year ago Quarterly EPS was $0.05, up 171% from a year ago TAIPEI, Taiwan, May 14, 2026 (GLOBE NEWSWIRE) -- Asia Pacific Wire & Cable Corporation Limited ("APWC" or the "Company") (NASDAQ: APWC) today announced its financial results for the first quarter ended March 31, 2026. Quarterly revenue was $130.8 million, down 2% from the previous quarter and up 30% from a year ago. For the quarter, earnings per share were $0.05, down 71% from the previous quarter and up 171% from a year ago. Copper unit volume, measured by the tonnage of copper contained in the wire and cable sold, decreased 2% sequentially and increased 5% from a year ago. This does not include other raw materials, such as aluminum and insulation materials. Q1 Fiscal 2026 Summary Revenue Revenue for the first quarter was $130.8 million, representing a 30% year-over-year increase. Growth was driven by broad-based momentum across our international markets, where favorable commodity trends and steady project execution contributed an additional $30.2 million to the top line. North Asia revenue for the first quarter was $23.9 million, up 26% year over year and 3% sequentially, primarily driven by the sustained increase in copper prices. Thailand's revenue for the first quarter was up 41% year over year and 12% sequentially, reflecting strong execution of public-sector orders, supported by rising copper prices. ROW revenue grew in the first quarter, up 23% from a year ago, but down 14% sequentially. The annual growth was driven by a recovery in the Australian market, supported by preemptive purchasing amid geopolitical tensions. The sequential decrease reflected the timing of public sector project milestones, resulting in normal quarterly variability. Gross Profit Gross profit margin for the first quarter was 8.2%, compared to 3.6% in the same period last year and flat sequentially. The year-over-year expansion was primarily driven by a more favorable product mix and the positive impact of rising copper prices. Expenses Total selling, general, and administrative expenses increased 19.0% year-over-year, primarily due to higher research and development costs and increased selling expenses. Non-Operating Items During the quarter, the Company recorded a one-time gain of approximately $1.0 million from the disposal of an investment. Balance Sheet and Cash Flow...

Asia Pacific Wire & Cable Corporation Limited (NASDAQ:APWC) posted some decent earnings, but shareholders didn't react strongly. Our analysis suggests they may be concerned about some underlying details. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. One essential aspect of assessing earnings quality is to look at how much a company is diluting shareholders. In fact, Asia Pacific Wire & Cable increased the number of shares on issue by 100% over the last twelve months by issuing new shares. That means its earnings are split among a greater number of shares. To talk about net income, without noticing earnings per share, is to be distracted by the big numbers while ignoring the smaller numbers that talk to per share value. Check out Asia Pacific Wire & Cable's historical EPS growth by clicking on this link. Asia Pacific Wire & Cable's net profit dropped by 5.3% per year over the last three years. On the bright side, in the last twelve months it grew profit by 5.3%. On the other hand, earnings per share are only up 6.5% over the same period. And so, you can see quite clearly that dilution is having a rather significant impact on shareholders. In the long term, earnings per share growth should beget share price growth. So it will certainly be a positive for shareholders if Asia Pacific Wire & Cable can grow EPS persistently. However, if its profit increases while its earnings per share stay flat (or even fall) then shareholders might not see much benefit. For the ordinary retail shareholder, EPS is a great measure to check your hypothetical "share" of the company's profit. Note: we always recommend investors check balance sheet strength. Click here to be taken to our balance sheet analysis of Asia Pacific Wire & Cable. Finally, we should also consider the fact that unusual items boosted Asia Pacific Wire & Cable's net profit by US$662k over the last year. While it's always nice to have higher profit, a large contribution from unusual items sometimes dampens our enthusiasm. When we crunched the numbers on thousands of publicly listed companies, we found that a boost from unusual items in a given year is often not repeated the next year. And, after all, that's exactly what the accounting terminology implies. Assuming those unusual items don't show up again in the current year, we'd thus expect pr...

Quarterly revenue of $133.8 million, up 4% from Q3 Full Year EPS was $0.18, up 6% from prior year TAIPEI, Taiwan, April 29, 2026 (GLOBE NEWSWIRE) -- Asia Pacific Wire & Cable Corporation Limited ("APWC" or the "Company") (NASDAQ: APWC) today announced its financial results for the fourth quarter and full year ended December 31, 2025 and the April 29, 2026 filing with the U.S. Securities and Exchange Commission (“SEC”) of its annual report on Form 20-F for the year ended December 31, 2025 (the “2025 Annual Report”). Quarterly revenue was $133.8 million, up 4% from the previous quarter and down 2% from a year ago. For fiscal year 2025, revenue was $489.7 million, up 4% from a year ago. Earnings per share was $0.18, up 6% from a year ago. For the quarter, earnings per share were $0.17, up 31% from a year ago. Copper unit volume, measured by the tonnage of copper contained in the wire and cable sold, decreased 8% sequentially and increased 2% year-over-year in the fourth quarter. This does not include other raw materials, such as aluminum and insulation materials. Q4 Fiscal Year 2025 Summary Revenue Revenue for the fourth quarter was $133.8 million, down $2.3 million or 2% from the same period last year and up $5.4 million or 4% sequentially. The year‑over‑year decline reflected fewer public sector orders compared with 2024, when a higher portion of such projects were completed. In addition, the majority of public sector deliveries continued to be concentrated in the fourth quarter. North Asia revenue for the fourth quarter was $23.3 million, up 14% from a year ago and up 9% sequentially. Growth was driven in part by higher average copper prices during 2025. Thailand revenue for the fourth quarter was up 4% from a year ago, but down sequentially. The year-over-year growth was supported by favorable foreign exchange movements, while the sequential decline reflected the completion of most public sector orders in the third quarter. ROW revenue rose to $64.6 million in the fourth quarter, up 14% sequentially from the prior quarter, driven by public sector order completions in Singapore. Compared with the same period last year, ROW revenue declined 10% year-over-year. Public sector demand for supply, delivery and installation ("SDI") projects remains robust, though revenue recognition is linked to project milestones, which can cause quarterly fluctuations. Gross Prof...

TAIPEI, Taiwan, Feb. 26, 2026 (GLOBE NEWSWIRE) -- Asia Pacific Wire & Cable Corporation Limited (“APWC” or “Company”) (NASDAQ: APWC) today announced the successful completion and final results of its rights offering, as described in the rights offering prospectus filed December 18, 2025 with the Securities and Exchange Commission ("Rights Offering"). Of the 20,616,227 maximum issuable shares, shareholders exercising their basic and over-subscription rights acquired 18,165,738 Common Shares and the remaining 2,450,489 Common Shares unsubscribed ("Remainder Shares") were placed prior to the Rights Offering's expiration on February 20, 2026, generating gross proceeds of $34.2 million. Following the issuance of the shares acquired in the Rights Offering, APWC has issued 41,243,554 Common Shares, with 41,232,454 Common Shares outstanding and 11,100 Common Shares held in Treasury. The successful sale of the Remainder Shares marked 100% target completion of the maximum shares issuable in the Rights Offering, all at the price of $1.66 per share. The successful and swift completion of the Rights Offering marks an important first step in APWC’s growth strategies. The proceeds will provide funding for APWC’s expansion of manufacturing capacity in Southeast Asia, planned entry into North America, and for the acquisition of key products and technologies to drive long-term growth. APWC is well positioned to secure new orders, deepen customer relationships, and scale up operations as the global supply chain pivots, providing a long and visible runway for sustainable growth. About Asia Pacific Wire & Cable Corporation Limited: Asia Pacific Wire & Cable Corporation Limited is a holding company incorporated in Bermuda with principal executive offices in Taiwan that operates its business through subsidiaries primarily engaged in the manufacture and distribution of enameled wire, power cable, and telecommunications products in Thailand, Singapore, Australia, the People’s Republic of China, Hong Kong and certain other markets in the Asia Pacific region. The Company also engages in the distribution of certain wire and cable products manufactured by its controlling shareholder, PEWC, and certain third parties. The Company also provides project engineering services in the supply, delivery and installation of power cable. The Company’s major customers include appliance component man...

TAIPEI, Taiwan, Jan. 28, 2026 (GLOBE NEWSWIRE) -- Asia Pacific Wire & Cable Corporation Limited (“APWC” or “Company”) (NASDAQ: APWC) today announced the conclusion of the subscription period (the “Subscription Period”) for APWC’s shareholders to exercise basic and over-subscription rights (the “Rights”) for the issuance of 20,616,227 Common Shares (the “Rights Shares”) as described in the rights offering prospectus filed December 18, 2025 with the U.S. Securities and Exchange Commission (the “Rights Offering”). During the Subscription Period, which started December 18, 2025 and ended January 23, 2026, a total of 18,165,738 Rights for the subscription of 20,616,227 Rights Shares were exercised, representing approximately 88.11% of the offered Rights Shares for gross proceeds of approximately $30.2 million. The remaining 2,450,489 Rights Shares which were not subscribed for, or for which subscription failed during the Subscription Period (the “Remainder Shares”), representing approximately 11.89% of the offered Rights Shares, will be offered by APWC for sale to eligible investors at a price no less than the Rights Offering’s subscription price, in accordance with applicable securities laws (the Remainder Shares and together with the Rights Offering, the “Remainder Offering”). The Remainder Offering will commence immediately and continue until the close of business on February 20, 2026. The Remainder Offering will not delay issuance of the Rights Shares subscribed for during the Subscription Period. The successful and swift completion of the Rights Offering marks an important first step in APWC’s growth strategies. The proceeds will provide fundings for APWC’s expansion of manufacturing capacity in North America and Southeast Asia and for the acquisition of key products and technologies to drive long-term growth. These strategies are aimed at leveraging recently signed trade deals between the US and Asia-Pacific trading partners that incentivize the rebuilding of a resilient supply chain and manufacturing sector in the United States. We expect accelerated demand in advanced electronics, components, and energy infrastructure, all of which APWC has decades of know-how and working relationships with its business partners. APWC is well positioned to secure new orders, deepen customer relationships, and scale up operations as the global supply chain pivots, providin...

Quarterly revenue of $128.4 million, up 1% from Q2 and up 5% from a year ago Quarterly operating profit of $3.8 million, up 19% from Q3 2024 TAIPEI, Taiwan, Nov. 14, 2025 (GLOBE NEWSWIRE) -- Asia Pacific Wire & Cable Corporation Limited ("APWC" or the "Company") (NASDAQ: APWC) today reported unaudited results for the third quarter ended September 30, 2025. Quarterly revenue was $128.4 million, up 1% from the previous quarter and up 5% from a year ago. Copper unit volume, measured by the tonnage of copper contained in the wire and cable sold, increased 2% in the third quarter from Q2 and increased 12% from a year ago. This does not include other raw materials, such as aluminum and insulation materials. For the quarter, earnings per share were $0.05, up 67% from the previous quarter and down 17% from a year ago. "In Q3 2025 we achieved revenue growth in an environment where businesses continue to face uncertainty," commented Yuan Chun Tang, Chairman and CEO of APWC. "Our revenues from public sector projects proved to be a dependable source of income, derived from contracts that can be awarded as much as 2 to 3 years before project commencement. We remain cautious, however, as an uncertain macroeconomic outlook and pricing pressure from increased competition persist." "Increase in copper prices had a significant impact on the current quarter gross profit," said Ben Lee, CFO. "We saw an expansion in gross profit and operating profit both sequentially and on a year-over-year basis. However, net income narrowed compared with the same period last year, as 2024 had a favorable foreign exchange movement. We are keenly aware that in the current environment, exchange rates and copper prices can turn quickly. We are making efforts to reduce our working capital and inventory levels and to shorten our cash conversion cycle." Q3 Fiscal 2025 Summary Revenue Revenue for the third quarter was $128.4 million, up $6.2 million (or 5%) from the same period last year and up $1.5 million (or 1%) sequentially. The increase this quarter was primarily driven by new orders from public sector customers. North Asia revenue for the third quarter was $21.3 million, up 20% from a year ago and down 6% sequentially. The year-over-year growth was driven by increased sales of flat wire products to the electric vehicle and drone industries. The sequential decline was mainly due to higher custome...

Revenue: US$126.9m (up 18% from 2Q 2024). Net income: US$578.0k (up from US$255.0k loss in 2Q 2024). Profit margin: 0.5% (up from net loss in 2Q 2024). EPS: US$0.028 (up from US$0.012 loss in 2Q 2024). AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. All figures shown in the chart above are for the trailing 12 month (TTM) period Asia Pacific Wire & Cable shares are up 4.4% from a week ago. You should learn about the 2 warning signs we've spotted with Asia Pacific Wire & Cable. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Quarterly revenue of $126.9 million, up 26% from Q1 and up 11% from a year ago Quarterly EPS was $0.03, up 143% from Q1 and 250% from a year ago TAIPEI, Taiwan, Aug. 14, 2025 (GLOBE NEWSWIRE) -- Asia Pacific Wire & Cable Corporation Limited ("APWC" or the "Company") (NASDAQ: APWC) today reported unaudited results for the second quarter ended June 30, 2025. Quarterly revenue was $126.9 million, up 26% from the previous quarter and up 11% from a year ago. Copper unit volume, measured by the tonnage of copper contained in the wire and cable sold, increased by 13% in the second quarter but decreased by 9% from a year ago. This does not include other raw materials, such as aluminum and insulation materials. For the quarter, earnings per share were $0.03, up 143% from the previous quarter and up 250% from a year ago. “In a second quarter filled with trade uncertainty, APWC delivered revenue growth compared to the same period in prior years,” said Yuan Chun Tang, Chairman and CEO of APWC. “In some markets, we benefited from pull forward of customer orders, before tariffs taking effect. We also observed increased competition, with over-capacity in China’s industrial sector leading to increased supply in some markets, putting pressure on prices. Our strong branding and qualifications to compete for public sector projects was crucial in enabling the Company to attain revenue growth this quarter. “Our business model and geographical footprint has provided us important optionality when facing trade uncertainty. Some of our manufacturing sites are located in countries with low tariff rates, as low as 10% based on announcements made as of August 1st. We are planning to leverage the low tariff rates of some our manufacturing sites to grow our top line revenue. “We are also preparing for a rights offering with details to be announced soon. We intend to use the rights offering proceeds to invest in new production facilities to take advantage of the global supply chain re-alignment. We are still evaluating site selection, andbesides Asia, North America is also a viable option. Working with our vendors and partners, we are also investing in new technologies to enhance our product portfolio and provide new drivers for future growth. Overall, while I remain cautious with the near-term business environment, I am optimistic about the long-term growth potential of APWC.” Q2 Fiscal...

TAIPEI, Taiwan, April 02, 2025 (GLOBE NEWSWIRE) -- Asia Pacific Wire & Cable Corporation Limited (NASDAQ: APWC) ("APWC" or the "Company"), a leading manufacturer of wire and cable products for the telecommunications and electric-power industries in the Asia-Pacific region, today announced that on March 31, 2025, it filed with the U.S. Securities and Exchange Commission its annual report on Form 20-F (the "2024 Annual Report") for the year ended December 31, 2024 and reported its financial results for the twelve months ended December 31, 2024. Unless otherwise indicated, all data are reported in U.S. Dollars at the exchange rate prevailing on the date of the event or result reported. Full Year 2024 Results Revenues for the twelve months ended December 31, 2024 were $472.7 million, an increase of 11.0% from $425.8 million for the twelve months ended December 31, 2023, and reflect revenue growth in each of the Company’s three reporting segments. Net revenue in the Thailand segment increased by $5.9 million or 4% from $166.9 million in 2023 to $172.8 million in 2024. This growth was mainly driven by higher sales of power cables and fabrication services, with significant contributions from government projects and contracts with state-owned enterprises. The rise in copper prices also contributed to the revenue increase. Revenues in the Company's North Asia segment increased by $14.0 million, or 24%, from $58.6 million in 2023 to $72.6 million in 2024, driven by a rise in copper prices, an increase in the number of new customers, and the commencement of production of rectangular wire and wires for drone motors. Revenues in the Company's Rest of World (“ROW”) segment increased by $27.1 million, or 14%, from $200.2 million in 2023 to $227.3 million in 2024. $5.0 million, or 18%, of this increase resulted from strong demand in the construction sector in Australia, while $22.1 million, or 82%, was attributable to the completion of public sector projects in Singapore. The regions within the North Asia segment include China, Hong Kong and Taiwan; the Thailand segment's region consists of operations and sales within Thailand; and the ROW segment's regions include Singapore, Australia and the other markets where APWC has operations or sales outside of the Thailand and North Asia segments. Operating profit of the Company for the twelve months ended December 31, 2024 was $10...

Revenue: US$472.7m (up 11% from FY 2023). Net income: US$3.49m (down 9.9% from FY 2023). Profit margin: 0.7% (down from 0.9% in FY 2023). The decrease in margin was driven by higher expenses. EPS: US$0.17 (down from US$0.19 in FY 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period Asia Pacific Wire & Cable shares are down 1.9% from a week ago. We should say that we've discovered 1 warning sign for Asia Pacific Wire & Cable that you should be aware of before investing here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.