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KARRIE INT'L (01050): The new tariff measures in the USA will not have a significant adverse impact on the Business and operations.
KARRIE INT'L (01050) announced that on April 2, 2025, the USA government will declare...
KARRIE INT'L (01050.HK) goods directly shipped to the USA and subject to tariffs account for about 1% of total revenue.
On April 7, Gelonghui reported that KARRIE INT'L (01050.HK) announced that the Board of Directors has been closely monitoring the Global economic and geopolitical risks and the related impacts of those risks on the group's Business and operations. Goods directly exported to the USA and subject to tariffs account for about 1% of the group's total revenue for the fiscal year ending March 31, 2025. In recent years, to ensure the group's Global supply capabilities, as part of the group's implementation of its international layout Global Strategy, the group has established a production base in Thailand, complementing its long-standing domestic production capacity in mainland China. This strategic initiative allows the group to diversify from different geographical regions.
Express News | Karrie International - New Measures Shall Not Have a Material Adverse Impact on Group's Business and Operations.
Karrie International Holdings to Purchase Land to Build Production Plant in Thailand
Express News | Karrie International - Kartech Thai to Acquire Land for 501.6 Mln Baht
KARRIE INT'L (01050.HK) spent HKD 0.1375 million to repurchase 0.18 million shares on December 20.
On December 20, Gelonghui reported that KARRIE INT'L (01050.HK) announced it spent 0.1375 million HKD to repurchase 0.18 million shares on December 20, 2024, with a repurchase price of 0.76-0.77 HKD per share.
