Asia Pacific Wire & Cable H1 EPS $0.00 Up From $(0.02) YoY, Sales $193.48M Down From $207.40M YoY
Portfolio Pulse from Benzinga Newsdesk
Asia Pacific Wire & Cable (NASDAQ:APWC) reported H1 earnings of $0.00 per share, a 105% increase YoY. However, sales decreased by 6.71% to $193.48M from $207.40M YoY.
September 27, 2023 | 9:51 am
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APWC reported a 105% YoY increase in H1 earnings but a 6.71% decrease in sales.
While APWC's earnings have improved significantly, the decrease in sales could be a concern for investors. This mixed result makes the short term impact on the stock price uncertain.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100