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APWC 6-K

Asia Pacific Wire & Cable Corp Ltd (APWC)

6-K 2026-08-14 For: 2026-08-14
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Added on August 14, 2026

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of August, 2026

Commission File Number: 1-14542

ASIA PACIFIC WIRE & CABLE CORPORATION LIMITED

(Translation of registrant’s name into English)

15/Fl. B, No. 77, Sec. 2, Dunhua South Road

Taipei, 106, Taiwan, Republic of China

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F  ☒                Form 40-F  ☐

This Registrant issued a press release on August 14, 2026, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Exhibit 99.1. Press Release dated August 14, 2026

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

ASIA PACIFIC WIRE & CABLE

CORPORATION LIMITED

(Registrant)

By: /s/ Brian Ma

Name:    Brian Ma

Title:    Acting Chief Financial Officer

Date: August 14, 2026

Document

APWC Announces Financial Results for the Second Quarter of 2026

•Quarterly revenue of $136.6 million, up 4% from Q1 and up 8% from a year ago.

•Quarterly operating profit was $3.4 million, up 36% from a year ago.

TAIPEI, Taiwan, August 14, 2026 (GLOBE NEWSWIRE) - Asia Pacific Wire & Cable Corporation Limited ("APWC" or the "Company") (NASDAQ: APWC) today announced its financial results for the second quarter ended June 30, 2026.

Quarterly revenue was $136.6 million, up 4% from the previous quarter and up 8% from a year ago.

For the quarter, earnings per share were $0.01, down 80% from the previous quarter and down 67% from a year ago.

Copper unit volume, measured by the tonnage of copper contained in the wire and cable sold, decreased 3% sequentially and decreased 7% from a year ago. This does not include other raw materials, such as aluminum and insulation materials.

Q2 Fiscal 2026 Summary

Q2 Financial Results
($ in millions, except earnings per share) Q2 FY2026 Q1 FY2026 Q2 FY2025 Q/Q Y/Y
Revenues $ 136.6 $ 130.8 $ 126.9 4 % 8 %
Gross profit $ 11.0 $ 10.7 $ 8.6 3 % 28 %
Operating expenses $ 7.7 $ 7.6 $ 6.4 1 % 20 %
Operating profit $ 3.4 $ 3.3 $ 2.5 3 % 36 %
Net income $ 0.8 $ 1.4 $ 0.6 (43) % 33 %
EPS1 $ 0.01 $ 0.05 $ 0.03 (80) % (67) %
Revenue by Reportable Segments
--- --- --- --- --- --- --- --- --- --- --- --- --- ---
($ in millions) Q2 FY2026 Q1 FY2026 Q2 FY2025 Q/Q Y/Y
North Asia $ 29.5 $ 23.9 $ 22.8 23 % 29 %
ROW $ 55.4 $ 55.7 $ 59.8 (1) % (7) %
Thailand $ 51.7 $ 51.2 $ 44.3 1 % 17 %
Total $ 136.6 $ 130.8 $ 126.9 4 % 8 %

1Basic and diluted earnings per share (EPS) for the three-month periods ended June 30, 2026, March 31, 2026, and June 30, 2025 are calculated based on weighted average common shares outstanding of 41,232,454, 28,382,902, and 20,616,227, respectively. The increase in weighted average shares in 2026 reflects the full-period impact of the new common shares issued in February 2026. Numerators for all periods reflect profit attributable to the equity holders of the parent.

Revenue

Revenue for the second quarter was $136.6 million, representing an 8% year-over-year increase. The growth was largely attributable to the continued rise in international copper prices, alongside the gradual execution and completion of public-sector contracts.

North Asia revenue for the second quarter was $29.5 million, up 29% year over year and 23% sequentially. This growth was largely attributable to the continued upward trend in copper prices, as well as seasonal factors that boosted sales volume compared to the previous quarter.

Thailand's revenue for the second quarter was up 17% year over year and 1% sequentially, reflecting strong execution of public-sector orders and private-sector investment in manufacturing, supported by rising copper prices.

ROW revenue for the second quarter was down 7% from a year ago and 1% sequentially, primarily reflecting temporary market constraints in Singapore. Despite the modest sequential decline, revenue remained relatively stable compared with the previous quarter.

Gross Profit

Gross profit margin for the second quarter was 8.1%, expanding year over year from 6.8% while remaining relatively unchanged compared to the preceding quarter. The year-over-year growth was largely attributable to higher copper prices and robust demand for public sector orders.

Expenses

Total selling, general, and administrative expenses increased 19.5% year over year, primarily

due to higher research and development costs and increased selling expenses.

Balance Sheet and Cash Flow

Cash and cash equivalents were $64.6 million, a decrease of $8.6 million from the preceding quarter, primarily reflecting payments made to suppliers.

Trade receivables for the second quarter rose to $112.7 million, up $4.6 million from the preceding quarter, primarily reflecting higher sales revenue driven by elevated copper prices and volume growth.

Inventory of $171.3 million represents an increase of $20.7 million from the preceding quarter. This expansion was mainly attributable to raw material accumulation required to fulfill public-sector contract delivery schedules.

Cash flow from operating activities generated an outflow of $18.0 million in the second quarter, compared to a net inflow of $1.6 million in the prior quarter. The increased cash outflow was primarily driven by higher raw material costs stemming from sustained copper price increases, as well as an inventory build to support the fulfillment of existing customer contracts. Cash inflow from financing activities was $10.5 million for the second quarter, primarily driven by additional short-term borrowings to fund raw material procurement.

We encourage shareholders to visit the Company's website for further information (www.apwcc.com). Information on the Company's website or any other website does not constitute a portion of this release.

About Asia Pacific Wire & Cable Corporation Limited

Asia Pacific Wire & Cable Corporation Limited is a holding company incorporated in Bermuda with principal executive offices in Taiwan that operates its business through operating subsidiaries. Through these subsidiaries, the Company is primarily engaged in the manufacture and distribution of enameled wire, power cable, and telecommunications products in Thailand, Singapore, Australia, the People’s Republic of China, Hong Kong and certain other markets in the Asia Pacific region. The Company also engages in the distribution of various wire and cable products manufactured by its controlling shareholder, Pacific Electric Wire & Cable Co., Ltd., and certain third parties. The Company also provides project engineering services in the supply, delivery and installation of power cable. The Company’s major customers include appliance component manufacturers, electrical contracting firms, state owned entities, and wire and cable dealers and factories.

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 the 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 applicable securities laws. The Company assumes no duty to update these forward-looking statements.

Investor Relations Contact:
Pacific Holdings Group
2901 Dallas Parkway, Suite 360
Plano, TX 75093
Attn: Paul Weber
Phone: (469) 797-7191
Email: [email protected]
ASIA PACIFIC WIRE & CABLE CORPORATION LIMITED AND SUBSIDIARIES
--- --- --- --- --- --- --- --- --- --- --- --- ---
CONSOLIDATED INCOME STATEMENTS
(Amounts in thousands of US Dollars, except share data)
For the three months For the six months
ended June 30, ended June 30,
2026 2025 2026 2025
(Unaudited) (Unaudited) (Unaudited) (Unaudited)
US$'000 US$'000 US$'000 US$'000
Revenue $ 136,648 $ 126,906 $ 267,494 $ 227,493
Cost of sales (125,636) (118,298) (245,808) (215,220)
Gross profit 11,012 8,608 21,686 12,273
Other operating income 395 192 512 227
Selling, general and administrative expenses (7,687) (6,434) (15,332) (12,860)
Other operating expenses (334) 51 (334) (1)
Net impairment loss on financial and contract assets 23 65 152 106
Operating profit 3,409 2,482 6,684 (255)
Finance costs (449) (563) (799) (977)
Finance income 284 44 303 66
Gain on disposal of investment (13) 1,031
Exchange gain 230 331 592 605
Other income 46 (92) 119 106
Other expense 61 (80) (166) (80)
Profit before tax 3,567 2,121 7,763 (536)
Income tax expense (1,370) (762) (2,510) (401)
Profit for the period $ 2,197 $ 1,359 $ 5,253 $ (937)
Attributable to:
Equity holders of the parent 781 578 2,211 (901)
Non-controlling interests 1,416 781 3,042 (36)
2,197 1,359 5,253 (937)
Basic and diluted profit per share $ 0.01 $ 0.03 $ 0.06 $ (0.04)
Basic and diluted weighted average common shares outstanding 41,232,454 20,616,227 34,863,953 20,616,227
ASIA PACIFIC WIRE & CABLE CORPORATION LIMITED AND SUBSIDIARIES
--- --- --- --- --- --- --- --- --- --- --- --- ---
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
(Amounts in thousands of US Dollars, except share data)
For the three months For the six months
ended June 30, ended June 30,
2026 2025 2026 2025
(Unaudited) (Unaudited) (Unaudited) (Unaudited)
US$'000 US$'000 US$'000 US$'000
Profit for the period 2,197 1,359 5,253 (937)
Other comprehensive income
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 (547) 8,916 (4,745) 11,046
(547) 8,916 (4,745) 11,046
Other comprehensive income/(loss) not to be reclassified to profit or loss in subsequent periods:
Changes in the fair value of equity instruments measured at FVOCI 63 (12) (817) (18)
Income tax effect (13) 3 163 4
50 (9) (654) (14)
Re-measuring losses on defined benefit plans 12 (43) 71 (54)
Income tax effect (2) 9 (14) 11
10 (34) 57 (43)
Other comprehensive income for the year, net of tax (487) 8,873 (5,342) 10,989
Total comprehensive income for the period, net of tax 1,710 10,232 (89) 10,052
Attributable to:
Equity holders of the parent 853 7,022 280 7,119
Non-controlling interests 857 3,210 (369) 2,933
$ 1,710 $ 10,232 $ (89) $ 10,052
ASIA PACIFIC WIRE & CABLE CORPORATION LIMITED AND SUBSIDIARIES
--- --- --- --- ---
CONSOLIDATED BALANCE SHEETS
As of<br>June 30, 2026<br>(Unaudited) As of<br><br>December 31, 2025<br><br>(Audited)
US$'000 US$'000
Assets
Current assets
Cash and cash equivalents 64,584 33,163
Financial assets at fair value through profit or loss 61
Trade receivables 112,678 103,535
Other receivables 227 936
Contract assets 11,894 7,748
Due from related parties 484 3,905
Inventories 171,278 151,515
Prepayments 3,491 3,118
Assets classified as held for sale 805 782
Other current assets 6,192 4,336
371,633 309,099
Non-current assets
Financial assets at fair value through other comprehensive income 3,301 4,161
Property, plant and equipment 51,168 53,683
Right of use assets 2,350 2,879
Investment properties 512 536
Intangible assets 44 65
Investments in associates 830 875
Deferred tax assets 5,731 6,169
Other non-current assets 4,619 4,228
68,555 72,596
Total assets 440,188 381,695
ASIA PACIFIC WIRE & CABLE CORPORATION LIMITED AND SUBSIDIARIES
--- --- --- --- ---
CONSOLIDATED BALANCE SHEETS
As of<br>June 30, 2026<br>(Unaudited) As of<br><br>December 31, 2025<br><br>(Audited)
US$'000 US$'000
Liabilities
Current liabilities
Interest-bearing loans and borrowings 58,455 41,828
Trade and other payables 54,760 58,184
Due to related parties 17,180 9,590
Financial liabilities at fair value through profit or loss 56
Accruals 6,060 11,079
Current tax liabilities 2,196 644
Employee benefit liabilities 1,124 2,507
Financial lease liabilities 1,026 1,113
Other current liabilities 14,870 6,877
155,727 131,822
Non-current liabilities
Interest-bearing loans and borrowings 510
Employee benefit liabilities 7,621 6,524
Lease liabilities 1,038 1,473
Deferred tax liabilities 4,511 4,239
Other non-current liabilities 828 175
13,998 12,921
Total liabilities 169,725 144,743
Equity
Issued capital 413 206
Additional paid-in capital 151,973 118,103
Treasury shares (38) (38)
Retained earnings 67,298 65,087
Other components of equity (14,997) (13,066)
Equity attributable to equity holders of the parent 204,649 170,292
Non-controlling interests 65,814 66,660
Total equity 270,463 236,952
Total liabilities and equity 440,188 381,695
ASIA PACIFIC WIRE & CABLE CORPORATION LIMITED AND SUBSIDIARIES
--- --- --- --- --- --- --- --- --- --- --- --- ---
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
For the three months For the six months
ended June 30, ended June 30,
2026 2025 2026 2025
(Unaudited) (Unaudited) (Unaudited) (Unaudited)
US$'000 US$'000 US$'000 US$'000
Net cash used in operating activities $ (17,963) $ (15,454) $ (16,392) $ (17,462)
Net cash used in investing activities (1,136) (919) (2,066) (2,966)
Net cash provided by financing activities 10,482 11,577 51,066 19,612
Effect of exchange rate (17) 1,508 (1,187) 1,749
Net decrease in cash and cash equivalents (8,634) (3,288) 31,421 933
Cash and cash equivalents at beginning of period 73,218 38,256 33,163 34,035
Cash and cash equivalents at end of period $ 64,584 $ 34,968 $ 64,584 $ 34,968

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