TWE treasury wine estates limited

Ann: MOFCOM Provisional Measure, page-15

  1. 2,540 Posts.
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    Hi Ohl,

    The business is definitely looking at other ways to preserve earnings and grow. But the business has accepted Revenue from China will be hit VERY hard as a result of the tarrifs. Looking elsewhere to fill the gap will take time and money. Also, China sales was one of the only regions that was growing in sales, with super high margins. I think finding a China replacement will prove very difficult.

    Cheers.
 
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