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worthylion

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worthylion

Re: None

Thursday, 05/19/2011 7:39:47 AM

Thursday, May 19, 2011 7:39:47 AM

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APWC--Its 51% publicly traded Thai subsidiary filed unaudited (but reviewed) Q1 financials (see link below)which will contribute $.10 EPS to APWC's Q1 results compared to $.135 EPS in Q1/10. Although sales increased nicely YOY, gross margins declined from about 10.5% to 9.25% and they had higher corporate tax bill. This moderates my expectations for APWC's Q1 earnings which should be released around the end of May.


http://www.set.or.th/set/companynews.do?symbol=CTW&language=en&country=US
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