Austco Healthcare's Unit Secures AU$3.4 Million Tariff, Shares Up 10%

MT Newswires Live

2025/04/16

Austco Healthcare (ASX:AHC) unit Austco Marketing & Service, was awarded an AU$3.4 million contract by Angeles Health System in Mexico to supply and implement advanced nurse call and infant protection systems across three of its hospitals, according to a Wednesday Australian bourse filing.

The company said this project will not be affected by U.S. tariffs as the company's drop-shipping model enables direct shipments to Mexico, bypassing tariff-impacted routes.

The company's shares rose 12% on market close.

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