Asia Pacific Wire & Cable Corporation Limited Announces Full Year 2024 Financial Results and Filing of Annual Report on Form 20-F for 2024

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 Financial Results (Ended December 31, 2024) and 2023 comparative results

 

 

Full Year 2024

Full Year 2023

CHANGE

Revenues

$ 472.7 million

$ 425.8 million

11.0%

Operating Profit

$ 10 million

$ 1.5 million

546.5%

Net Income

$ 3.5 million

$ 3.9 million

(9.9)%

EPS (1)

$0.17

$0.19

(10.5)%

 

 

 

 

(1) The calculation of the earnings ...