Highway Holdings Limited (NASDAQ: HIHO) Reports 46% YoY Net Sales Growth In Q1 2022

July 23, 2021

Highway Holdings Limited (NASDAQ: HIHO) has announced its fiscal Q1 2022 financial results for the period ended June 30, 2021, in which net sales were up 46% YoY to $3 million.  Highway Holdings posted a net income of $333,000 in Q1 2022 Net income in Q1 2022 was $333,000 or $0.08 per share relative to a net loss of $223,000 or 0.06 per share in fiscal Q1 2021. Gross profit…


Highway Holdings Limited (NASDAQ: HIHO) Fiscal 2021 Financial Results impacted By Material and Components Shortage

July 16, 2021

Highway Holdings Limited (NASDAQ: HIHO) has reported its fiscal year financial results for the year ended March 31, 2021, reflecting the negative effect of the pandemic and the military coup in Mynamar on its operations in the country. Equally, general components and raw materials shortage, including semiconductor chips and electronic components, impacted the results. Highway Holdings reported net sales of $2.9 in Q4 2021 Net sales in Q4 2021 dropped…