HGY Highway Holdings

Highway Holdings Limited Declares Cash Dividend

Highway Holdings Limited Declares Cash Dividend

HONG KONG, Aug. 28, 2018 (GLOBE NEWSWIRE) -- Highway Holdings Limited (Nasdaq:HIHO) today announced its board of directors has declared a cash dividend of $0.10 per share on the

company’s common stock. The dividend will be paid on October 22, 2018 to shareholders of record on October 1, 2018.

About Highway Holdings

Highway Holdings produces a wide variety of high-quality products for blue chip original equipment manufacturers -- from simple parts and components to sub-assemblies and finished products.  Highway Holdings’ administrative offices are located in Hong Kong, and its manufacturing facilities are located in Shenzhen in the People’s Republic of China and in Yangon in Myanmar.

Except for the historical information contained herein, the matters discussed in this press release are  forward-looking statements which involve risks and uncertainties, including but not limited to economic, competitive, governmental, political and technological factors affecting the company's revenues, operations, markets, products and prices, and other factors discussed in the company’s various filings with the Securities and Exchange Commission, including without limitation, the company’s annual reports on Form 20-F.

CONTACT:                 
Gary S. Maier
Maier & Company, Inc.
(310) 471-1288
EN
28/08/2018

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Reports on Highway Holdings

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Highway Holdings Reports Fiscal 2020 First Quarter Results

Highway Holdings Reports Fiscal 2020 First Quarter Results HONG KONG, July 30, 2019 (GLOBE NEWSWIRE) --  Highway Holdings Limited (Nasdaq: HIHO) today reported results for its fiscal 2020 first quarter ended June 30, 2019. Net loss for the fiscal first quarter was $102,000, or $0.03 per share, compared with net income of $82,000, or $0.02 per diluted share, last year.  Net sales for the same period were $2.8 million compared with $4.1 million a year earlier. “As noted in the company’s fiscal year-end release, our business is being impacted by a large reduction in orders from two of ...

July 30, 2019 1 EN
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Highway Holdings Reports Fiscal 2019 Fourth Quarter and Year-End Resul...

Highway Holdings Reports Fiscal 2019 Fourth Quarter and Year-End Results HONG KONG, July 02, 2019 (GLOBE NEWSWIRE) -- Highway Holdings Limited (Nasdaq: HIHO) today reported results for its fiscal fourth quarter and year ended March 31, 2019 – reflecting the impact of lower orders from certain customers experiencing soft product demand and the loss of business due to continued inflationary pressures in China.  Net loss for the fiscal fourth quarter was $186,000, or $0.05 per diluted share, compared with net income of $742,000, or $0.20 per diluted share, in the same quarter a year ago. Ne...

July 2, 2019 1 EN
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Highway Holdings Signs 50-Year Lease for Myanmar Manufacturing Complex

Highway Holdings Signs 50-Year Lease for Myanmar Manufacturing Complex HONG KONG, May 28, 2019 (GLOBE NEWSWIRE) -- Highway Holdings Limited (Nasdaq: HIHO) today announced its Myanmar subsidiary, Kayser Myanmar Manufacturing Company Ltd., has entered into a 50-year lease agreement for an approximately 6,900 square meter (1.67 acres) factory estate in Yangon, Myanmar. Highway Holding owns an 84% interest in the Myanmar subsidiary. The subsidiary had been operating until December 2018 in a nearby factory that it rented from another landlord.  After a better suited manufacturing estate was i...

May 28, 2019 1 EN
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Highway Holdings Reports Fiscal 2019 Third Quarter and Nine-Month Resu...

Highway Holdings Reports Fiscal 2019 Third Quarter and Nine-Month Results HONG KONG, Feb. 19, 2019 (GLOBE NEWSWIRE) -- Highway Holdings Limited (Nasdaq:HIHO) today reported results for its fiscal third quarter and nine months ended December 31, 2018 -- reflecting in part a decrease in orders from certain customers experiencing soft product demand, customer year-end inventory adjustments, as well as a loss of business due to inflationary pressures in China. Net sales for the quarter were $2.9 million compared with $5.0 million a year ago.  As noted above, sales were impacted by year-end i...

February 19, 2019 1 EN
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Highway Holdings Limited Declares Cash Dividend

Highway Holdings Limited Declares Cash Dividend HONG KONG, Nov. 26, 2018 (GLOBE NEWSWIRE) -- Highway Holdings Limited (Nasdaq:) today announced its board of directors has declared a cash dividend of $0.05 per share on the company’s common stock. The dividend will be paid on January 16, 2019 to shareholders of record on December 24, 2018.  About Highway HoldingsHighway Holdings produces a wide variety of high-quality products for blue chip original equipment manufacturers -- from simple parts and components to sub-assemblies and finished products.  Highway Holdings’ administrative offices...

November 26, 2018 1 EN

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