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ASC 100: Thailand's CTW produces cables and OEM products
Alex Chen, Taipei; Yusin Hu, DIGITIMES 0

Credit: DIGITIMES

Established in Bangkok, Thailand in 1967, Charoong Thai Wire & Cable (CTW) is the largest telecommunication cable manufacturer in Thailand and a subsidiary of Pacific Electric Wire and Cable.

CTW produces and distributes quality aluminum and copper conductors and fiber-optic cables for both the public and private sectors. It also designs and produces OEM products for companies around the world. CTW has strong bonds in business with four subsidiaries - Siam Pacific Electric Wire & Cable (SPEWC), Siam Fiber Optics (SFO), DD Cable (DDC), and Shanghai Asia Pacific Electronic (SAP) - through which the company sells its products to Thailand, India, China, and other countries.

CTW makes communication cables, high and low voltage power cables, fire-resistant cables, control and instrument cables, and other special products.

Charoong Thai Wire & Cable: Financial results, 3Q20-2Q21 (US$m)

2Q21

1Q21

4Q20

3Q20

Revenue

49.18

41.82

41.7

36.02

Gross profit (loss)

5.8

3.41

7.27

6.19

Operating profit (loss)

2.35

(1.19)

3.11

5.2

After-tax net profit (loss)

1.74

(1.21)

2.39

4.1

Source: Reuters, compiled by DIGITIMES, October 2021

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