Asia Pacific Wire & Cable Corporation Ltd. (AWRCF) Reports Increase in Sales and Net Income
Asia Pacific Wire & Cable Corporation Ltd. reported large increases in sales and net income for the first six months of 2010, as the company reported strong demand for its products. Asia Pacific Wire & Cable reported sales of $210.9 million in the six month period ending 6/30/2010, compared to sales of $150.7 million in the six month period ending 6/30/2009. The company reported net income of $7.4 million, or $0.54 per diluted share, in the six month period ending 6/30/2010, compared to net income of $3.8 million, or $0.27 per diluted share, in the corresponding period in 2009. The…