Analysts: US tariffs have no direct impact on PMetal


PETALING JAYA: The potential tariff on primary aluminium imports by the United States has no direct impact on Press Metal Aluminium Holdings Bhd (PMetal).

According to AmInvestment Bank and UOB Kay Hian, PMetal exports less than five million tonnes of extrusion goods to the United States, or less than 1% of the company’s sales.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

Genting stocks rally after Singapore unit's earnings hit 10-year high
Tech giants start to treat South-East Asia like next big thing
Ringgit easier vs US$ amid expectations of tight US monetary policy
Foreign buying of Malaysian stocks moderates to RM961.1mil net
Making streamlined solutions accessible for SMEs
Awantec shares surge 49% as affected listed issuer status, trading suspension lifted
FBM KLCI opens slightly higher ahead of fresh economic data
Trading ideas: Paramount, CelcomDigi, InNature, AwamBiru, Nova MSC, Cuscapi, BHIC, Sarawak Cable, Pharmaniaga
Iraq won’t agree to new Opec+ oil production cuts, oil minister says
Gen Z gives fund managers a run for their money

Others Also Read