Stocks to Watch – Asia Pacific Wire & Cable Corp. Ltd. (NASDAQ: APWC)
A holding company incorporated in 1996, Asia Pacific Wire and Cable Corporation Limited (the Company) is engaged in the manufacture and distribution of telecommunications (copper and fiber optic) and power cable, and enameled wire products. These products are distributed all over the Asia Pacific Region more particularly in Singapore, China, Thailand and Australia. The Company not only produces its own wire and cable products but it also distributes and sells products made by Pacific Wire and Cable Company. The Company is likewise providing project engineering services for the supply, installation and delivery of power cables to its customers.
The principal business line of the Company consists of the following:
- manufacture of wire and cable products,
- distribution of its own manufactured products and of certain wire and cable products manufactured by PEWC,
- provision of project engineering services to certain of its customers.
A variety of wire and cable products are sold by the Company which are used in a wide range of infrastructure projects as well as in commercial and residential developments. The enameled wire products are used in the manufacture of components and sub-components of appliances and small machineries. On the other hand, electronic cables which comes in the form of cable harnesses are utilized in the following:
- electronics
- computer
- building automation
- audio and communication industries.
The Company also produces a variety of bundled telecommunications cable which is used for telephone and data transmissions that may be used in various internal and external environments. These cables produced include copper-based and fiber optic cables. A range of armored and unarmored low voltage power transmission cable is also produced by the Company which is practically used to transmit electricity to and within commercial or residential buildings as well as street lights and other traffic signals. Lastly, the Company manufactures a wide array of enameled wires with sizes which are used in certain types of petroleum insulation materials like polyvinyl formal, polyurethane wire and polyester.
Asia Pacific Wire & Cable (NASDAQ: APWC) 52 week: 1.92 – 6.85 Mkt cap: 45.78M Shares: 13.83M
Tags: APWC, Asia Pacific Wire & Cable Corporation Limited, Stocks to watch
