Asia Pacific Wire & Cable (AWRCF.OB) Posts Solid Nine-Month Figures
Asia Pacific Wire & Cable Corp. is a leading manufacturer and distributor of telecommunications and power cable and enameled-wire products in the Asia-Pacific region, with a primary focus on China, Thailand, Singapore and Australia. The company today reported its unaudited consolidated results for the nine-month period ended September 30, 2010, reflecting strong demand for its enameled wire and power cable products in Thailand and China. Revenues for the nine-month period were $325.2 million, a 28.8-percent increase over the $252.4 million reported for the comparable nine-month period of 2009. For the nine-month period of 2010, the company posted gross profit of…