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Express News | Wus Printed Circuit Kunshan Says Q1 Net Profit up 48.1% Y/Y
Shareholders Are Optimistic That Wus Printed Circuit (Kunshan) (SZSE:002463) Will Multiply In Value
Wus Printed Circuit (002463.SZ): The company's products are mainly exported to Southeast Asia.
According to a recent investor relations activity held by Wus Printed Circuit (002463.SZ) on April 16, 2023, the company's revenue from direct exports to the USA in 2024 is expected to be less than 5%. The company's products are primarily exported to Southeast Asia, and based on past industry practices, the company does not bear tariffs on its exported products. Currently, the main production areas of the PCB industry are concentrated in Asia, all of which fall within the scope of trade disputes. Among the company's major competitors, only TTM has some production capacity in the USA. Expanding PCB production capacity within the USA is extremely difficult, and no competitors have been observed targeting the main application fields of the company's products in the USA.
Wus Printed Circuit (002463.SZ): A small part of the imported raw materials and equipment for some Business is affected by the increased tariffs.
On April 16, according to Gelonghui, Wus Printed Circuit (002463.SZ) stated on the interactive platform that a small portion of imported raw materials and equipment for some of its Business have been affected by the increased tariffs.
Wus Printed Circuit Forecasts Up to 59% Rise in Q1 Profit
