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Presentation of 2013 Year End Financial

Results

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　 2013 2012 YOY

Net Revenue 　 　 　

North Asia $117,658 $123,964 -5.09%

Thailand 175,347 188,629 -7.04%

ROW 167,671 149,672 12.03%

Total

460,676 462,265 -0.34%

Cost of sales (408,860) (411,786) 　

Gross profit 51,816 50,479 2.65%

US$'000For the year ended December 31

Revenue and GP Summary

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Revenue Pie Chart

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　 2013 2012

　 Amount GP% Amount GP%

Gross Profit 　 　 　 　

North Asia 4,807 4.09% 6,802 5.49%

Thailand $26,605 15.17% $25,063 13.29%

ROW 20,404 12.17% 18,614 12.44%

Total

51,816 11.25% 50,479 10.92%

US$'000For the year ended December 31

Gross Profit Analysis

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Gross Profit Pie Chart

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Gross Profit Margin Analysis

Gross Profit Margin Changes

•North Asia – Gross margin was down from 5.49% in 2012 to 4.09 in 2013. It was primarily caused by the decrease in the copper price and weak demand in the market.

•Thailand – Gross margin was up from 13.29% in 2012 to 15.17% in 2013. As the selling price was set at a predetermined amount based on the sales agreements signed with customers, the region enjoyed a higher profit margin as the copper price decreased leading to products manufactured at a lower cost.

•ROW – The gross profit margin of the region in 2013 remained stable compared to 2012.

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THAILAND

AUSTRALIA

CHINA

SINGAPORE

Headquarters

26%

38%

13%

23%

Regional Locations and Facilities

TOTAL HEADCOUNT:

2013: 1,412

2012: 1,411

• Pacific Electric Wire & Cable (Shenzhen) Co., Ltd.

• Shanghai Yayang Electric Co., Ltd.• CCH (Crown Century Holding) Hong Kong• Ningbo Pacific Wire Co., Ltd.

• Charoong Thai Wire & Cable Public Co., Ltd.

• Siam Fiber Optics Co., Ltd.• Siam Pacific Electric Wire & Cable Co., Ltd.

• Australia Pacific Electric Cables Pty., Ltd.

• Sigma Cable Co., Pte Ltd.

• Sigma-Epan International Pte., Ltd. SDI project

engineering

Power cable

Distributed productsFiber optic cable

Enameled wire

Employee headcount

% Revenue contribution(2013)

Factories/op units

Electronic wire

2013 : 3652012 : 360

2013 : 7972012 : 810

2013 : 162012: 15

2013 : 1562012: 149

2013: 782012: 77

As of September 30, 2012 and 2013

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Summary Income Statement

　 2013 2012

Total Sales $460,676 $462,265

Cost of Sales (408,860) (411,786)

Gross Profit 51,816 50,479

Operating Income 17,242 20,823

Income Before Tax 16,784 24,552

Net Income 11,266 16,974

Less: Net Income attributable to non-controlling interests

5,518 7,578

Net Income (Loss) attributable to APWC 5,847 9,694 Basic and Diluted Income (Loss) per Share (USD) $0.42 $0.70

US$'000For the year ended December 31

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Net Income Analysis

Net Income decreased from $16,974K to $11,266K

because of two main reasons as following:

• Net $3,859K insurance compensation received in 2012 for SP

flooding

• Exchange Loss $1,245K in 2013 VS. Exchange Gain $2,411K

in 2012

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Summary Balance Sheet

　 2013/12/31 2012/12/31

Cash and Cash Equivalents $62,509 $72,816

Current Assets 302,249 327,940

Non-current Assets 62,386 63,811

TOTAL ASSETS 364,635 391,751Bank Loans and Trust Receipts 41,789 57,845

Current Liabilities 127,772 146,135

Non-current Liabilities 8,736 8,456

Total Liabilities 136,508 154,591

Total Shareholders’ Equity 228,127 237,160TOTAL LIABS and SHS’ EQUITY 364,635 391,751

Net Book Value Per Share 11.38 11.79

US$'000

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Net Book Value Analysis

Net Book Value Changes

Net Book Value decreased from $11.79/share to $11.39/share mainly due to the exchange rate fluctuated

　US$ / AUD$ US$ / RMB$ US$ / SGD$ US$ / THB$

Dec 31, 2012 Closing Rate 1.03724 0.15851 0.81713 0.03269

Dec 31, 2013 Closing Rate 0.88739 0.16361 0.78833 0.03043

Increase (Decrease) -14.45% 3.22% -3.52% -6.91%

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