亞太電線電纜有限公司
報告2024年第二季度財務狀況
臺北臺灣，8月26日， 2024年（環球新聞社）-- 亞太電線電纜有限公司（納斯達克：APWC）（"APWC"或"公司"），是亞太地區電信和電力行業的領先製造商，今天宣佈公司截至2024年6月30日的前六個月財務業績。除非另有說明，所有數據均以當天匯率報告在美元上。
| 2024年前六個月財務業績（截至2024年6月30日），以及2023年同期業績對比 | |||||||||||||||||
| 2024年前6個月 | 2023年前6個月 | 變化 | |||||||||||||||
| 收入 | $ | 21430萬 | $ | 19350萬 | 10.8% | ||||||||||||
| 營業利潤 | $ | 120萬 | $ | -280萬 | 144.7% | ||||||||||||
| 淨利潤 | $ | -50萬 | $ | 2萬 | (3500.0)% | ||||||||||||
| 每股收益1 | $ | -0.02 | $ | 0.001 | (2100.0)% | ||||||||||||
R2024年6月30日結束的六個月份的營業收入爲21430萬美元，比2023年6月30日結束的六個月份的19350萬美元增長了10.8%。 這一增長要歸因於公司在泰國、亞洲北部和世界其他地區的營業收入增加。 公司在泰國地區的淨營業收入增長了14.0%，主要受到電力電纜和製造服務銷量增加的推動，這主要受經濟擴張和政府在基礎設施建設、公用事業和可再生能源（特別是太陽能）實施方面的努力。 公司在亞洲北部地區的營業收入增長了12.5%，原因有幾個，包括銅價上漲、新客戶數量增加以及矩形線生產的開始。 儘管矩形線的銷量不大，但它們的價格相對較高。 公司在世界其他地區的營業收入增長了7.5%，這主要的驅動因素是
1 每股收益的計算基於截至2024年6月30日和2023年6月30日的六個月內發行和流通的基本和稀釋加權平均普通股份20,616,227股。其中的分子使用歸屬於母公司普通股股東的利潤或損失。
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2024年新加坡的需求增加，導致電力電纜銷售額大幅增長。該公司的北亞地域板塊包括中國、香港和臺灣；泰國地域板塊包括泰國內的運營和銷售；ROW地域板塊包括新加坡、澳洲和其他亞洲地域板塊之外的APWC在其他市場的運營或銷售。
O2024年6月30日結束的六個月的營業利潤爲120萬美元，比2023年6月30日結束的六個月的-280萬美元的營業利潤增加了144.7%。營業利潤率從2023年的(1.44)%的虧損增加到2024年的0.58%的盈利。在泰國地域板塊，營業利潤率從2023年的(7.87)%增加到2024年的1.41%。這一積極變化主要是由於公共板塊的盈利能力增強以及存貨估值準備的逆轉。在亞洲北部地域板塊，營業利潤率從2023年的7.08%下降到2024年的(1.52)%，這一下滑主要是由於2023年爲員工福利和養老金提供準備金的逆轉，以及2024年研發支出的增加。
地域板塊的營業利潤率由2023年的2.11%下降至2024年的1.66%，主要是因爲新加坡對負債合同的準備金增加。
S截至2024年6月30日的六個月，銷售、一般和管理費用爲1250萬美元，與截至2023年6月30日的六個月報告的1100萬美元相比。歸屬於APWC母公司股東的淨利潤爲-50萬美元，截至2024年6月30日的六個月，而截至2023年6月30日的六個月爲淨利潤2萬美元。發行和流通的加權平均股數分別爲2062萬股和2023年6月30日的6個月，2024年6月30日和2023年的6個月。
財務狀況
A普華永道報告顯示，截至2024年6月30日，現金及現金等價物爲3370萬美元，相比之下，現金及現金等價物爲39.0 百萬美元。
C流動資產截至2024年6月30日總計28250萬美元，而2023年12月31日爲29500萬美元。運營資本在2024年6月30日達到15460萬美元。短期銀行貸款在2024年6月30日爲5366.5萬美元，較之前減少 $72,000 從53737美元降至53
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截至2023年12月31日，公司的長期負債爲620萬美元，截至2024年6月30日，相比之下，2023年12月31日沒有長期負債。截至2024年6月30日，歸屬於APWC的股東權益爲14990萬美元，相比之下，截至2023年12月31日爲15710萬美元。
A普華永道報告顯示，截至2024年6月30日的六個月中，經營活動使用現金爲1080萬美元，而在2023年同期經營活動使用現金金額爲350萬美元。 經營活動的現金流出主要是由於應收賬款回收較慢。公司在截至2024年6月30日的六個月中，投資活動現金流出爲80萬美元，而2023年同期的現金流出爲280萬美元。2024年上半年投資活動現金使用減少主要是由於在2024年減少了購置固定資產和設備的支出。APWC在2024年上半年從融資活動中獲得了910萬美元的現金流入，而2023年同期從融資活動中流出了740萬美元。現金流入增加是由於2024年借款增加。
W我們鼓勵股東訪問公司網站以獲取更多信息（www.apwcc.com）。公司網站或其他任何網站上的信息並不構成本公告的一部分。
關於亞太電纜有限公司
Asia Pacific Wire & Cable Corporation Limited是一家在百慕大註冊的控股公司，總部設在臺灣，通過營運子公司開展業務。公司主要從事在泰國、新加坡、澳洲、中國大陸、香港和亞太地區的某些其他市場製造和分銷漆包線、電力電纜和電信產品。該公司還經營其控股股東太平洋電線電纜有限公司以及某些第三方製造的特定電線和電纜產品的分銷。公司還提供項目工程服務，爲電力電纜的供應、交付和安裝提供服務。
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公司的主要客戶包括家電零部件製造商、電氣承包公司、國有實體，以及電線電纜經銷商和工廠。
Safe Harbor Statement
This release contains certain “forward-looking statements” relating to the Company, its business, and its subsidiary companies. These forward-looking statements are often identified by the use of forward-looking terminology such as “believes”, “anticipates”, “expects”, “estimates”, “intends”, “plans” or similar expressions. Such forward-looking statements involve known and unknown risks and uncertainties that may cause actual results to be materially different from those described herein as believed, anticipated, expected, estimated, intended or planned. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company’s actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company’s reports that are filed with the Securities and Exchange Commission and available on its website (www.sec.gov). All forward-looking statements attributable to the Company or to persons acting on its behalf are expressly qualified in their entirety by these factors other than as required under the securities laws. The Company does not assume a duty to update these forward-looking statements.
Contact: Investor Relations Contact: Pacific Holdings Group Attn: Paul Weber 2901 Dallas Parkway, Suite 360 Plano, TX 75093 Phone: (469) 797-7191 Email: pweber@pusa.com | |||||
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| ASIA PACIFIC WIRE & CABLE CORPORATION LIMITED AND SUBSIDIARIES | |||||||||||||||||
| CONSOLIDATED INCOME STATEMENTS | |||||||||||||||||
| (Non-Audited) | |||||||||||||||||
| (Amounts in thousands of US Dollars, except share data) | |||||||||||||||||
| For the six months | |||||||||||||||||
| ended June 30, | |||||||||||||||||
| 2024 | 2023 | ||||||||||||||||
| US$'000 | US$'000 | ||||||||||||||||
| Revenue | 214,330 | 193,478 | |||||||||||||||
| Cost of sales | (200,848) | (185,501) | |||||||||||||||
| Gross profit | 13,482 | 7,977 | |||||||||||||||
| Other operating income | 981 | 243 | |||||||||||||||
| Selling, general and administrative expenses | (12,471) | (10,990) | |||||||||||||||
| Other operating expenses | — | (9) | |||||||||||||||
| Operating profit | 1,241 | (2,779) | |||||||||||||||
| Finance costs | (1,165) | (1,194) | |||||||||||||||
| Finance income | 97 | 87 | |||||||||||||||
| Share of loss of associates | (1) | (1) | |||||||||||||||
| Exchange loss | 149 | (66) | |||||||||||||||
| Other income | 243 | 571 | |||||||||||||||
| Other expense | (207) | — | |||||||||||||||
| (Loss)/Profit before tax | 357 | (3,382) | |||||||||||||||
| Income tax expense | (397) | 913 | |||||||||||||||
| Loss for the period | (40) | (2,469) | |||||||||||||||
| Attributable to: | |||||||||||||||||
| Equity holders of the parent | (510) | 15 | |||||||||||||||
| Non-controlling interests | 470 | (2,484) | |||||||||||||||
| (40) | (2,469) | ||||||||||||||||
| Basic and diluted profit per share | $ | (0.02) | $ | 0.001 | |||||||||||||
| Basic and diluted weighted average common shares outstanding | 20,616,227 | 20,616,227 | |||||||||||||||
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| ASIA PACIFIC WIRE & CABLE CORPORATION LIMITED AND SUBSIDIARIES | |||||||||||||||||
| CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME | |||||||||||||||||
| (Non-Audited) | |||||||||||||||||
| (Amounts in thousands of US Dollars, except share data) | |||||||||||||||||
| For the six months | |||||||||||||||||
| ended June 30, | |||||||||||||||||
| 2024 | 2023 | ||||||||||||||||
| US$'000 | US$'000 | ||||||||||||||||
| (Loss)/Profit for the period | (40) | (2,469) | |||||||||||||||
| Other comprehensive income/(loss) | |||||||||||||||||
| Other comprehensive income to be reclassified to profit or loss in subsequent periods: | |||||||||||||||||
| Exchange differences on translation of foreign operations, net of tax of nil | (10,289) | (5,827) | |||||||||||||||
| (10,289) | (5,827) | ||||||||||||||||
| Other comprehensive income not to be reclassified to profit or loss in subsequent periods: | |||||||||||||||||
| Changes in the fair value of equity instruments measured at FVOCI | 253 | 667 | |||||||||||||||
| Income tax effect | (51) | (133) | |||||||||||||||
| 202 | 534 | ||||||||||||||||
| Re-measuring losses on defined benefit plans | 41 | 69 | |||||||||||||||
| Income tax effect | (8) | (14) | |||||||||||||||
| 33 | 55 | ||||||||||||||||
| Other comprehensive loss for the year , net of tax | (10,054) | (5,238) | |||||||||||||||
| Total comprehensive loss for the period, net of tax | (10,094) | (7,707) | |||||||||||||||
| Attributable to: | |||||||||||||||||
| Equity holders of the parent | (7,113) | (4,063) | |||||||||||||||
| Non-controlling interests | (2,981) | (3,644) | |||||||||||||||
| (10,094) | (7,707) | ||||||||||||||||
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| ASIA PACIFIC WIRE & CABLE CORPORATION LIMITED AND SUBSIDIARIES | |||||||||||
| CONSOLIDATED BALANCE SHEETS | |||||||||||
| (In thousands of US Dollars) | |||||||||||
| As of June 30, 2024 (Non-audited) | As of December 31, 2023 (Audited) | ||||||||||
| US$'000 | US$'000 | ||||||||||
| Assets | |||||||||||
| Current assets | |||||||||||
| Cash and cash equivalents | 33,653 | 37,970 | |||||||||
| Financial assets at fair value through profit or loss | 14 | 307 | |||||||||
| Trade receivables | 109,552 | 104,955 | |||||||||
| Other receivables | 1,218 | 1,670 | |||||||||
| Contract assets | 2,962 | 13,946 | |||||||||
| Due from related parties | 552 | 1,368 | |||||||||
| Inventories | 123,218 | 128,230 | |||||||||
| Prepayments | 5,542 | 2,595 | |||||||||
| Other current assets | 5,788 | 3,909 | |||||||||
| 282,499 | 294,950 | ||||||||||
| Non-current assets | |||||||||||
| Financial assets at fair value through other comprehensive income | 3,350 | 2,902 | |||||||||
| Property, plant and equipment | 45,744 | 49,941 | |||||||||
| Right of use assets | 2,354 | 2,825 | |||||||||
| Investment properties | 4,862 | 5,112 | |||||||||
| Intangible assets | 128 | 124 | |||||||||
| Investments in associates | 753 | 810 | |||||||||
| Deferred tax assets | 7,502 | 7,799 | |||||||||
| Other non-current assets | 2,769 | 2,201 | |||||||||
| 67,462 | 71,714 | ||||||||||
| Total assets | 349,961 | 366,664 | |||||||||
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| ASIA PACIFIC WIRE & CABLE CORPORATION LIMITED AND SUBSIDIARIES | |||||||||||
| CONSOLIDATED BALANCE SHEETS | |||||||||||
| (In thousands of US Dollars) | |||||||||||
| As of June 30, 2024 (Non-audited) | As of December 31, 2023 (Audited) | ||||||||||
| US$'000 | US$'000 | ||||||||||
| Liabilities | |||||||||||
| Current liabilities | |||||||||||
| Interest-bearing loans and borrowings | 53,665 | 53,737 | |||||||||
| Trade and other payables | 50,051 | 51,743 | |||||||||
| Due to related parties | 4,776 | 7,941 | |||||||||
| Financial liabilities at fair value through profit or loss | — | 74 | |||||||||
| Accruals | 11,340 | 15,250 | |||||||||
| Current tax liabilities | 956 | 2,116 | |||||||||
| Employee benefit liabilities | 1,390 | 1,839 | |||||||||
| Financial lease liabilities | 482 | 638 | |||||||||
| Other current liabilities | 5,197 | 7,235 | |||||||||
| 127,857 | 140,573 | ||||||||||
| Non-current liabilities | |||||||||||
| Interest-bearing loans and borrowings | 6,177 | — | |||||||||
| Employee benefit liabilities | 6,146 | 5,997 | |||||||||
| Lease liabilities | 1,169 | 1,445 | |||||||||
| Other non-current liabilities | 183 | 188 | |||||||||
| 17,577 | 11,470 | ||||||||||
| Total liabilities | 145,434 | 152,043 | |||||||||
| Equity | |||||||||||
| Issued capital | 206 | 206 | |||||||||
| Additional paid-in capital | 118,103 | 118,103 | |||||||||
| Treasury shares | (38) | (38) | |||||||||
| Retained earnings | 57,421 | 57,931 | |||||||||
| Other components of equity | (25,746) | (19,143) | |||||||||
| Equity attributable to equity holders of the parent | 149,946 | 157,059 | |||||||||
| Non-controlling interests | 54,581 | 57,562 | |||||||||
| Total equity | 204,527 | 214,621 | |||||||||
| Total liabilities and equity | 349,961 | 366,664 | |||||||||
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| ASIA PACIFIC WIRE & CABLE CORPORATION LIMITED AND SUBSIDIARIES | |||||||||||
| CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS | |||||||||||
| (Non-Audited) | |||||||||||
(In thousands of US Dollars) | |||||||||||
| For the six months | |||||||||||
| ended June 30, | |||||||||||
| 2024 | 2023 | ||||||||||
| US$'000 | US$'000 | ||||||||||
| Net cash (used in)/provided by operating activities | (10,768) | (3,518) | |||||||||
| Net cash used in investing activities | (797) | (2,849) | |||||||||
| Net cash provided by financing activities | 9,092 | (7,389) | |||||||||
| Effect of exchange rate | (1,844) | (1,273) | |||||||||
| Net (decrease)/increase in cash and cash equivalents | (4,317) | (15,029) | |||||||||
| Cash and cash equivalents at beginning of period | 37,970 | 54,017 | |||||||||
| Cash and cash equivalents at end of period | 33,653 | 38,988 | |||||||||
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