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Karrie International Holdings Limited ( (HK:1050) ) has issued an announcement.
Karrie International Holdings Limited announced that the recent reciprocal tariffs imposed by the United States government, particularly on Chinese goods, are not expected to have a material adverse impact on its business. The company’s strategic establishment of a manufacturing base in Thailand has enabled it to mitigate risks associated with geopolitical changes, as direct shipments to the US account for only 1% of its total revenue.
More about Karrie International Holdings Limited
Karrie International Holdings Limited is a company incorporated in Bermuda with limited liability, operating in the manufacturing industry. The company has established a manufacturing base in Thailand to complement its operations in mainland China, focusing on diversifying geographical risks and ensuring global supply capabilities.
YTD Price Performance: -1.28%
Average Trading Volume: 1,636,328
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.56B
For a thorough assessment of 1050 stock, go to TipRanks’ Stock Analysis page.