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MATERIAL PARTLY-OWNED SUBSIDIARIES (Tables)
 12 Months Ended
Dec. 31, 2024
Disclosure of subsidiaries [abstract]  
Subsidiaries of the Company
The subsidiaries of our Company are set out below:
Percentage of equity interest
Place of incorporation and operations20242023
The British Virgin Islands
APWC General Holdings Limited100.00 %100.00 %
PRC (APWC) Holding Ltd.100.00 %100.00 %
Samray Inc.100.00 %100.00 %
Siam (APWC) Holdings Ltd.100.00 %100.00 %
Moon View Ltd.100.00 %100.00 %
Trigent Investment Holdings Limited100.00 %100.00 %
Crown Century Holdings Ltd.100.00 %100.00 %
Singapore
Sigma Cable Company (Private) Limited (“Sigma Cable”)98.30 %98.30 %
Epan Industries Pte Ltd.98.30 %98.30 %
Singvale Pte Ltd.100.00 %100.00 %
The People’s Republic of China (“PRC”)
Ningbo Pacific Cable Co., Ltd. (“Ningbo Pacific”)97.93 %97.93 %
Shanghai Yayang Electric Co., Ltd. (“SYE”)68.75 %68.75 %
Pacific Electric Wire & Cable (Shenzhen) Co., Ltd. (“PEWS”)97.93 %97.93 %
Hong Kong
Crown Century Holdings Limited (“CCH (HK)”)97.93 %97.93 %
Australia
Australia Pacific Electric Cable Pty Limited (“APEC”)98.06 %98.06 %
Thailand
Charoong Thai Wire and Cable Public Company Limited (“Charoong Thai”) (i)50.93 %50.93 %
Siam Pacific Electric Wire & Cable Company Limited (“Siam Pacific”)50.93 %50.93 %
Double D Cable Company Limited (“Double D”)50.93 %50.93 %
Hard Lek Limited.73.98 %73.98 %
APWC (Thailand) Co., Ltd.99.48 %99.48 %
PEWC (Thailand) Co., Ltd.99.48 %99.48 %
CTW Beta Co., Ltd.50.89 %50.89 %
Siam Fiber Optics Co., Ltd. (“SFO”) 50.93 %50.93 %
Taiwan
Asia Pacific New Energy Corporation Limited ("APNEC") 100.00 %100.00 %
Pacific Smart System Corporation Limited ("PSSC")
(Formerly YASHIN Energy Corporation Limited)		100.00 %100.00 %
YADING Energy Corporation Limited ("YADING") 100.00 %100.00 %
(i)Charoong Thai is listed on the Stock Exchange of Thailand and is engaged in the manufacture of wire and cable products for the power and telecommunications industries in Thailand.
Proportion of equity interest held by NCI:
Country of incorporation and operationAs of December 31,
Name20242023
Charoong Thai and its subsidiaries (“CTW Consolidated”)Thailand49.07 %49.07 %
Summarized Financial Information of Subsidiaries This information is based on amounts before inter-company eliminations:
Summarized statements of comprehensive incomeCTW consolidated
For the year ended December 31,
202420232022
US$’000 US$’000US$’000
Revenue172,793 166,933 171,845 
Profit/(loss) before tax7,234 (7,587)2,153 
Income tax expense1,036 39 420 
Profit/(loss) for the year6,198 (7,626)1,733 
Other comprehensive (loss)/income(270)3,252 (4,537)
Total comprehensive income/(loss)5,928 (4,374)(2,804)
Profit/(loss) attributable to non-controlling interests3,042 (3,742)850 
Dividends paid to non-controlling interests— 285 563 
Summarized balance sheetsCTW consolidated
As of December 31,
20242023
US$’000 US$’000
Current assets118,112 127,780 
Non-current assets46,542 48,748 
Current liabilities(38,805)(61,226)
Non-current liabilities(10,659)(5,893)
Total equity115,190 109,409 
Equity attributable to:
Equity holders of the parent58,666 55,722 
Non-controlling interests56,524 53,687 
6.    MATERIAL PARTLY-OWNED SUBSIDIARIES (continued)
6(b)    Summarized financial information about the subsidiaries (continued)
Summarized cash flow informationCTW consolidated
For the year ended December 31,
202420232022
US$’000 US$’000 US$’000
Operating29,970 (11,954)7,389 
Investing(1,589)(1,418)(719)
Financing(23,746)(144)(7,726)
Effect of changes in exchange rate on cash147 27 (1,045)
Net increase (decrease) in cash and cash equivalents4,782 (13,489)(2,101)