Earnings ·
Asia Pacific Wire & Cable Corporation Limited reported financial results for the second quarter ended June 30, 2026
APWCAsia Pacific Wire & Cable Corp Ltd
Asia Pacific Wire & Cable Corporation Limited reported financial results for the second quarter ended June 30, 2026. Quarterly revenue reached $136.6 million, an 8% year-over-year increase driven by rising international copper prices and public-sector contract execution. Operating profit rose 36% to $3.4 million, while net income increased 33% to $0.8 million. Earnings per share were $0.01, down significantly from prior periods due to a higher weighted average share count resulting from new common shares issued in February 2026. Copper unit volume decreased 7% year-over-year. The company holds $64.6 million in cash and incurred an operating cash outflow of $18.0 million primarily due to inventory builds for public-sector contracts and higher raw material costs. Asia Pacific Wire & Cable Corporation Limited manufactures and distributes enameled wire, power cable, and telecommunications products in the Asia Pacific region.