HIGHWAY HOLDINGS REPORTS SECOND QUARTER FISCAL YEAR 2025 RESULTS
Highway Holdings Limited (HIHO)
US:NASDAQ Investor Relations:
highwayholdings.com
Company Research
Source: PR Newswire
60.1% Year Over Year Increase in Second Quarter Revenue117.8% Year Over Year Increase in Second Quarter Gross ProfitCash and Cash Equivalents of $1.28 Per Diluted ShareHONG KONG, Oct. 10, 2024 /PRNewswire/ -- Highway Holdings Limited (Nasdaq: HIHO, "the Company" or "Highway Holdings") today reported results for the second quarter of fiscal year 2025 and the six months ended September 30, 2024, with second quarter of fiscal year 2025 revenue growth of 60.1% and gross profit growth of 117.8% on a year over year basis.Roland Kohl, chairman, president and chief executive officer of Highway Holdings, noted, "While the positive results reflect an improving environment at our customers, we still have a lot of ground to make up to return to our normalized pre-COVID business level. The rebound continues but has been slowed by the uncertain macro environment, following the fallout of COVID, as orders for customer products have been adversely impacted by the Russia/Ukraine war and the conflict i
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HIHO
News
- Highway Holdings (NASDAQ:HIHO) Has Affirmed Its Dividend Of $0.05 [Yahoo! Finance]Yahoo! Finance
- Highway Holdings Declares $0.05 Cash Dividend per Share; Company Sets Dividend Record and Distribution DatesPR Newswire
- Highway Holdings Declares $0.02 Cash Dividend per Share; Company Sets Dividend Record and Distribution DatesPR Newswire
- Highway Holdings Receives Initial Customer Order for New Brushless Electric Motor [Yahoo! Finance]Yahoo! Finance
- Highway Holdings Receives Initial Customer Order for New Brushless Electric MotorPR Newswire
HIHO
Sec Filings
- 11/13/24 - Form 6-K
- 10/11/24 - Form 6-K
- 10/1/24 - Form 6-K
- HIHO's page on the SEC website