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The latest update is out from Asia Pac Wire &Cable ( (APWC) ).
On April 2, 2025, Asia Pacific Wire & Cable Corporation Limited announced its financial results for the year ended December 31, 2024, reporting a revenue increase of 11% to $472.7 million compared to 2023. The company experienced significant growth in its Thailand, North Asia, and Rest of World segments, with notable contributions from government projects and rising copper prices. Operating profit surged by 546.5% to $10 million, although net income slightly decreased by 9.9% to $3.5 million. The company is also exploring expansion opportunities in the Americas and South Asia, focusing on renewable energy and next-generation energy storage solutions.
More about Asia Pac Wire &Cable
Asia Pacific Wire & Cable Corporation Limited is a Bermuda-incorporated holding company with principal executive offices in Taiwan. It is engaged in the manufacture and distribution of power cables, telecommunications fiber optic cables, electronic and winding wires across Thailand, Singapore, Australia, the Greater China region, and other Asia Pacific markets. The company also provides project engineering services for high-voltage cable installations in power distribution infrastructure projects.
YTD Price Performance: 7.14%
Average Trading Volume: 6,841
Technical Sentiment Signal: Buy
Current Market Cap: $31.24M
See more insights into APWC stock on TipRanks’ Stock Analysis page.