(Loss) Earnings Per Share

12 Months Ended

Dec. 31, 2021

9. (LOSS) EARNINGS PER SHARE

(Loss) earnings per share are calculated by dividing net (loss) profit attributable to equity holders of the parent by the weighted average number of shares outstanding during the year. APWC does not have any dilutive securities. The treasury shares transaction resulted in an immediate reduction in outstanding shares used to calculate the weighted-average common shares outstanding for both basic and diluted (loss) earnings per share.

The following table sets forth the computation of basic and diluted earnings attributable to common shareholders per share:

	For the year ended December 31,
	2021			2020			2019
	US$’000			US$’000			US$’000
	(except for number of shares and earnings per share)
Numerator:
Net (loss) profit attributable to APWC from continuing operations		(2,642	)		(552	)		(1,632	)
Net (loss) profit attributable to APWC		(2,642	)		(552	)		(1,632	)

Denominator:
Weighted-average common shares outstanding – basic and diluted		13,819,669			13,819,669			13,819,669

(Loss) earnings per share – basic and diluted
Continuing operations		(0.19	)		(0.04	)		(0.12	)
Total (loss) earnings per share – basic and diluted		(0.19	)		(0.04	)		(0.12	)

Income from continuing operations attributable to non-controlling interests are $(5,870), $4,261 and $681 for the years ended December 31, 2021, 2020 and 2019, respectively.