Announcement • Sep 08
Asia Pacific Telecom Co., Ltd.(TWSE:3682) dropped from Taiwan TAIEX Index Asia Pacific Telecom Co.,Ltd. has been removed from Taiwan TAIEX Index . Announcement • Aug 22
Asia Pacific Telecom Co., Ltd. Announces Supplementary the Announcement of the Judgment by the Intellectual Property and Commercial Court Asia Pacific Telecom Co., Ltd. has received a complaint from the Commercial Division of the Intellectual Property and Commercial Court on 23 May,2022. The statement of preemption reads:to confirm that the resolution of the Extraordinary Shareholders' Meeting of Asia Pacific Telecom Co., Ltd. on April 15, 2022 that the proposal of the merger between the Company and Far EasTone Telecommunications Co., Ltd. is invalid. The litigation expenses shall be paid by defendant. The stand-by complaint statement reads:the resolution of the Extraordinary Shareholders' Meeting of Asia Pacific Telecom Co., Ltd. on April 15, 2022 that the proposal of the merger between the Company and Far EasTone Telecommunications Co., Ltd. should be revoked. The litigation expenses shall be paid by defendant. There is no impact on the Company's financial and business currently. The company will file an appeal in accordance with the law to protect the rights of the Company and shareholders. The Company will appoint a lawyer to file an appeal in order to protect the legitimate rights of the Company. The Company received the judgment on August 21, 2023. Reported Earnings • Aug 18
Second quarter 2023 earnings released: NT$0.27 loss per share (vs NT$0.33 loss in 2Q 2022) Second quarter 2023 results: NT$0.27 loss per share (improved from NT$0.33 loss in 2Q 2022). Revenue: NT$2.84b (down 14% from 2Q 2022). Net loss: NT$1.16b (loss narrowed 17% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.