ALERT: Tariffs Pose No Material Impact to Highway Holdings' Business
Highway Holdings (Nasdaq: HIHO) has announced that recent U.S. tariff increases on Chinese imports will not materially impact its business operations. The company revealed that only 4% of its total product exports to the U.S. over the past year, with 3% originating from China and 1% from Myanmar.
The company's CEO Roland Kohl emphasized that most of their revenue comes from European customers, with minimal U.S. market exposure. Additionally, Kohl suggested that increased tariffs on Chinese imports could potentially benefit Highway Holdings' Myanmar operations, as Chinese manufacturers might relocate production to countries with lower tariff rates like Myanmar.
Highway Holdings (Nasdaq: HIHO) ha annunciato che i recenti aumenti delle tariffe statunitensi sulle importazioni cinesi non influenzeranno significativamente le sue operazioni commerciali. L'azienda ha rivelato che solo il 4% delle sue esportazioni totali di prodotti verso gli Stati Uniti nell'ultimo anno proviene da questi paesi, con il 3% dalla Cina e l'1% dal Myanmar.
Il CEO Roland Kohl ha sottolineato che la maggior parte dei ricavi deriva da clienti europei, con una presenza minima nel mercato statunitense. Inoltre, Kohl ha suggerito che l'aumento delle tariffe sulle importazioni cinesi potrebbe addirittura avvantaggiare le operazioni di Highway Holdings in Myanmar, poiché i produttori cinesi potrebbero spostare la produzione in paesi con tariffe più basse come il Myanmar.
Highway Holdings (Nasdaq: HIHO) ha anunciado que los recientes aumentos de aranceles de EE.UU. sobre las importaciones chinas no afectarán significativamente sus operaciones comerciales. La compañía reveló que solo el 4% de sus exportaciones totales de productos a EE.UU. durante el último año provienen de estos países, con un 3% de China y un 1% de Myanmar.
El CEO Roland Kohl enfatizó que la mayor parte de sus ingresos proviene de clientes europeos, con una exposición mínima al mercado estadounidense. Además, Kohl sugirió que el aumento de aranceles sobre las importaciones chinas podría beneficiar a las operaciones de Highway Holdings en Myanmar, ya que los fabricantes chinos podrían trasladar la producción a países con tarifas más bajas como Myanmar.
Highway Holdings (나스닥: HIHO)는 최근 미국의 중국산 수입품에 대한 관세 인상이 자사 사업 운영에 큰 영향을 미치지 않을 것이라고 발표했습니다. 회사에 따르면 지난 1년간 미국으로의 총 제품 수출 중 4%만이 해당되며, 그 중 3%는 중국에서, 1%는 미얀마에서 발생했습니다.
CEO 롤란드 콜은 대부분의 매출이 유럽 고객으로부터 발생한다고 강조하며, 미국 시장 노출은 최소한이라고 밝혔습니다. 또한 콜은 중국산 수입품에 대한 관세 인상이 오히려 미얀마에서의 사업에 도움이 될 수 있다고 언급했는데, 중국 제조업체들이 미얀마와 같이 관세가 낮은 국가로 생산을 이전할 가능성이 있기 때문입니다.
Highway Holdings (Nasdaq : HIHO) a annoncé que les récentes hausses des tarifs douaniers américains sur les importations chinoises n'auront pas d'impact significatif sur ses opérations commerciales. La société a révélé que seulement 4 % de ses exportations totales de produits vers les États-Unis au cours de l'année écoulée provenaient de ces pays, avec 3 % venant de Chine et 1 % du Myanmar.
Le PDG Roland Kohl a souligné que la majorité de leurs revenus provient de clients européens, avec une exposition minimale au marché américain. De plus, Kohl a suggéré que l'augmentation des tarifs sur les importations chinoises pourrait potentiellement bénéficier aux opérations de Highway Holdings au Myanmar, car les fabricants chinois pourraient délocaliser leur production vers des pays aux tarifs douaniers plus bas comme le Myanmar.
Highway Holdings (Nasdaq: HIHO) hat bekanntgegeben, dass die jüngsten US-Zollerhöhungen auf chinesische Importe keine wesentlichen Auswirkungen auf die Geschäftstätigkeit des Unternehmens haben werden. Das Unternehmen gab bekannt, dass nur 4 % seiner gesamten Produktexporte in die USA im vergangenen Jahr aus diesen Ländern stammen, davon 3 % aus China und 1 % aus Myanmar.
Der CEO Roland Kohl betonte, dass der Großteil des Umsatzes von europäischen Kunden stammt und die Präsenz auf dem US-Markt minimal ist. Zudem deutete Kohl an, dass die erhöhten Zölle auf chinesische Importe die Aktivitäten von Highway Holdings in Myanmar sogar begünstigen könnten, da chinesische Hersteller ihre Produktion in Länder mit niedrigeren Zolltarifen wie Myanmar verlagern könnten.
- Minimal exposure to US-China trade tensions with only 3% exports from China to US
- Strong European customer base reducing market concentration risk
- Strategic advantage with Myanmar operations offering lower tariff alternatives
- Potential business growth opportunity from Chinese manufacturers relocating to Myanmar
- None.
Roland Kohl, chairman, president and chief executive officer of Highway Holdings, commented, "The recent imposition of higher tariffs worldwide by the
"The other reality is that higher tariffs on imports from
About Highway Holdings Limited
Highway Holdings is an international manufacturer of a wide variety of quality parts and products for blue chip equipment manufacturers based primarily in Germany. Highway Holdings' administrative offices are located in
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements., These statements are subject to risks and uncertainties. Such risks and uncertainties include, but are not limited to, economic conditions, tariffs, changes in the global trade environment, competitive pressures, governmental, political and technological factors affecting the company's revenues, operations, markets factors, and other factors discussed in the company's various filings with the Securities and Exchange Commission, including without limitation, the company's annual reports on Form 20-F.
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SOURCE Highway Holdings Limited
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