APWC Q4 2025 & Full Year 2025 Financial Results and Annual Report Filing

Asia Pacific Wire & Cable Corporation Limited (APWC) filed its annual report on Form 20-F for the year ended December 31, 2025, and announced financial results for Q4 and full year 2025. For Q4 2025, revenue was $133.8 million, up 4% sequentially but down 2% year-over-year. Net income increased 35% year-over-year to $3.5 million, with EPS of $0.17. For the full year 2025, revenue reached $489.7 million, up 4% from 2024, with EPS of $0.18, up 6% year-over-year. The company reported mixed performance across segments: North Asia revenue grew 19% annually, Thailand revenue increased 2%, while ROW revenue remained flat. Gross profit margin declined to 8.2% in Q4 from 9.1% a year ago, primarily due to less favorable product mix. Operating expenses increased 22.5% year-over-year due to higher R&D costs. The balance sheet shows cash of $33.2 million, inventory increased to $151.5 million, and operating cash flow was negative $7.8 million for the year.