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YAN TAT GROUP: Annual Report 2024
How high are the current tariffs in the USA? Economists, who are almost driven crazy by Trump, have done the math!
According to recent estimates from industry insiders, the effective tariff rate imposed by the Trump administration on all imports into the USA has now reached between 22% and 27%; The top end of this range (27%) would push the USA's effective tariff rate beyond the level seen in 1903. Even at the lower end (22%), tariffs would reach the highest level since 1910.
Yan Tat Group Holdings Limited Reports 2024 Annual Results
Yan Tat Group Holdings Announces Final Dividend for 2024
YAN TAT GROUP (01480.HK) is expected to generate revenues of approximately 0.58 billion Hong Kong dollars in 2024, representing a year-on-year decrease of about 7.9%.
On March 26, Gelong Hui announced that YAN TAT GROUP (01480.HK) reported that the group's revenue for 2024 is approximately 579.5 million HKD, a decrease of about 7.9% compared to last year, primarily due to a reduction in sales Orders. The group recorded a profit attributable to ordinary equity holders of approximately 60.3 million HKD for 2024, compared to about 75.1 million HKD last year. The group's EBITDA for 2024 is approximately 81.8 million HKD, compared to about 106.7 million HKD last year. The Board of Directors proposes to declare a final dividend of 6.0 HK cents per share (2023: 10.0 HK cents per share).
Express News | Yan TAT Group Holdings FY Gross Margin 25.2%
