Milkyway: The impact of the U.S. tariff increase on the company is relatively limited
On April 28th, Milkyway stated at the earnings briefing that the U.S. tariff increases mainly affect the company's global freight forwarding business, with the MGF business accounting for about 30% of the company's revenue, and the U.S.-Canada route business accounting for about 1/4 of MGF business revenue, which is relatively small; starting from the second half of 2024, the company has made some adjustments to the route structure, with an upward trend in cargo volume on the Europe-Asia route and Southeast Asia route; at the same time, the company will actively negotiate with customers regarding specific situations. Therefore, overall, the impact of tariffs on the company is relatively limited
