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How high are the current tariffs in the USA? Economists driven nearly insane by Trump have done the calculations.
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.
QIANHAI HEALTH: ANNOUNCEMENT OF ANNUAL RESULTSFOR THE YEAR ENDED 31 DECEMBER 2024
Qianhai Health Holdings Schedules Board Meeting for Financial Results and Dividend Consideration
QIANHAI HEALTH: DATE OF BOARD MEETING
Qianhai Health Foresees Return to Profit in 2024
QIANHAI HEALTH (00911.HK) is expected to earn 1.3 million Hong Kong dollars in the 2024 fiscal year, turning from loss to profit compared to the same period last year.
On March 6, Guolonghui announced that QIANHAI HEALTH (00911.HK) expects to record a profit attributable to Shareholders of approximately 1.3 million Hong Kong dollars, a turnaround from a loss of about 52.7 million Hong Kong dollars for the year ending December 31, 2023. The annual turnaround to profit is primarily due to the following key reasons: (i) a shift from a gross loss in the previous year to a gross profit in this year of approximately 29.7 million Hong Kong dollars, resulting from the group's strategic shift towards selling a product mix with higher profits; (ii) a one-time gain of about 51.9 million Hong Kong dollars from the disposal of subsidiaries; and (iii) offsetting losses due to electronic Components products.