PWR Holdings (ASX:PWH) said it expects the additional 10% tariff imposed by the US government on imports from Australia will have an "immaterial" impact on the firm's fiscal 2025 financial results, according to a Wednesday Australian bourse filing.
The 25% tariffs imposed on imports of aluminum and automotive products do not currently apply to the firm's products.
The company said it already started initiatives such as accelerating the delivery of key US-based manufacturing capacity and relocating the manufacturing of certain items to the US facility to reduce potential exposure and boost its existing US manufacturing operations.
The company said 32% of the firm's manufactured product revenue, excluding services, was from the US in the first half of fiscal 2025, with only AU$8.8 million imported via sales from PWR Australia.
PWR Holdings' shares rose almost 1% in recent trading on Wednesday.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。