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 ...
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...
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...
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...
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...
Highway Holdings Reports Fiscal 2019 Second Quarter Results HONG KONG, Nov. 26, 2018 (GLOBE NEWSWIRE) -- Highway Holdings Limited (Nasdaq: HIHO) today reported results for its fiscal 2019 second quarter and the six-month period ended September 30, 2018. Net sales for the fiscal 2019 second quarter were $3.5 million compared with $4.6 million in the same quarter a year earlier. Net loss for the same period was $222,000, or $0.06 loss per share, compared with net income of $211,000, or $0.06 per diluted share, a year earlier. For the six-month period, net sales were $7.5 million compare...
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 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 offic...
Highway Holdings Reports Fiscal 2019 First Quarter Results HONG KONG, Aug. 27, 2018 (GLOBE NEWSWIRE) -- Highway Holdings Limited (Nasdaq: HIHO) today reported results for its fiscal 2019 first quarter ended June 30, 2018. Net income for the first quarter of the fiscal year ending March 31, 2019 was $82,000, or $0.02 per diluted share, compared with $217,000, or $0.06 per diluted share, last year. Net sales for the same period were $4.1 million compared with $5.3 million a year earlier. “Results for the quarter reflect a sharp reduction in orders from two of our larger OEM customers, wh...
Highway Holdings Limited Declares Cash Dividend HONG KONG, July 16, 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 10, 2018 to shareholders of record on August 28, 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 off...
Highway Holdings Reports Strong Fiscal 2018 Fourth Quarter and Year-End Results HONG KONG, July 09, 2018 (GLOBE NEWSWIRE) -- Highway Holdings Limited (Nasdaq:HIHO) today reported results for its fiscal fourth quarter and year ended March 31, 2018 -- reflecting improved profitability for both periods despite a challenging operating environment in China. Net income for the fiscal fourth quarter was $742,000, or $0.20 per diluted share, compared with $219,000, or $0.06 per diluted share, in the same quarter a year ago. Net sales for the same period were $4.1 million compared with $...
Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind...
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.