Asia Pacific Wire & Cable FY EPS $0.19, Same YoY, Sales $425.80M Down From $433.90M YoY
Portfolio Pulse from Benzinga Newsdesk
Asia Pacific Wire & Cable (APWC) reported its FY earnings with an EPS of $0.19, unchanged from last year, and a slight decrease in sales to $425.80M from $433.90M YoY.
April 30, 2024 | 12:41 pm
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APWC reported unchanged FY EPS of $0.19 and a minor sales decrease to $425.80M from $433.90M YoY.
The unchanged EPS indicates stability in APWC's profitability, which could reassure investors. However, the slight decrease in sales might raise concerns about growth prospects, potentially impacting investor sentiment. The overall impact is neutral due to the balance between stable earnings and a minor sales decline.
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IMPORTANCE 75
RELEVANCE 100