Asia Pacific Wire & Cable Corporation Limited Reports Second Quarter 2023 Financial Results
Operating profit margin decreased from a profit of 0.9% in 2022 to a loss of (1.4%) in 2023.
- Operating profit margin decreased from a profit of 0.9% in 2022 to a loss of (1.4%) in 2023.
- Current assets totaled $274.2 million as of June 30, 2023, compared to $299.5 million as of December 31, 2022.
- Short-term bank loans were $46.8 million at June 30, 2023, an increase of 2.7% from $45.6 million at December 31, 2022.
- Shareholder's equity attributable to APWC was $147.5 million as of June 30, 2023, compared to $151.6 million as of December 31, 2022.