HIHO - Dividend announcements

HONG KONG, Dec. 15, 2025 /PRNewswire/ -- Highway Holdings Limited (NASDAQ:HIHO, the ", Company", or ", Highway Holdings", )) today reported results for the second quarter of fiscal year 2026 and the six months ended September 30, 2025. Net sales for the second quarter of fiscal year 2026 were $1.18 million compared to $2.11 million in the second quarter of fiscal year 2025. Net loss for the second quarter of fiscal year 2026 was $373,000, or net loss of $0.08 per diluted share, compared with net income of $231,000, or net income of $0.05 per diluted share in the second quarter of fiscal year 2025. Roland Kohl, chairman, president and chief executive officer of Highway Holdings, noted, "The

HONG KONG, Sept. 11, 2025 /PRNewswire/ -- Highway Holdings Limited (NASDAQ:HIHO) today reported financial results for the first quarter of fiscal year 2026 ended June 30, 2025. Net sales for the first quarter of fiscal year 2026 were $1.55 million compared to $1.88 million in the first quarter of fiscal year 2025. Net income for the first quarter of fiscal year 2026 was $61,000, or net income of $0.01 per diluted share, compared with net income of $98,000, or net income of $0.02 per diluted share in the first quarter of fiscal year 2025. Roland Kohl, chairman, president and chief executive officer of Highway Holdings, commented, "As an OEM supplier, our fortunes are closely tied to the perf

Financial Highlights - Fiscal Full Year 2025 Compared to Fiscal Full Year 2024: Revenue Increases 17.5% YoYGross Profit Increases 47% YoYReturns to Full Year Profitability HONG KONG, July 1, 2025 /PRNewswire/ -- Highway Holdings Limited (NASDAQ:HIHO) today reported results for the fiscal fourth quarter and fiscal year ended March 31, 2025. The Company notes that while its financial results continue to reflect the lasting impact of COVID-19 and its aftermath, it was able to achieve improvements in revenue and profitability for the fiscal full year 2025 compared to the fiscal full year 2024. For the fiscal 2025 fourth quarter, net sales were $1.5 million compared to $1.4 million in the year a

21% YoY Increase in Revenue for the Fiscal Year 2025 Nine MonthsHONG KONG, Jan. 21, 2025 /PRNewswire/ -- Highway Holdings Limited (NASDAQ:HIHO) (the "Company" or "Highway Holdings") today reported financial results for its fiscal third quarter 2025 and fiscal nine months ended December 31, 2024, with a 21% increase in revenue and a $0.05 increase in diluted earnings per share for the nine months results of fiscal year 2025, compared to the year ago period. Net revenue for the third quarter of fiscal year 2025 decreased 13.5% to $1.9 million compared with $2.2 million in the year ago period. Net income for the third quarter of fiscal year 2025 decreased to $92,000, or $0.02 per diluted share

HONG KONG, Nov. 11, 2024 /PRNewswire/ -- Highway Holdings Limited (NASDAQ:HIHO, ", the Company", or ", Highway Holdings", )) today announced the Company's Board of Directors declared a cash dividend of $0.05 per common share. The dividend will be paid on December 24, 2024 to shareholders of record on December 12, 2024. About Highway Holdings Limited Highway Holdings is an international manufacturer of a wide variety of quality parts and products for blue chip equipment manufacturers based primarily in Germany. Highway Holdings' administrative offices are located in Hong Kong and its manufacturing facilities are located in Yangon, Myanmar and Shenzhen, China. For more information, visit the

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, w

HONG KONG, Sept. 24, 2024 /PRNewswire/ -- Highway Holdings Limited (NASDAQ:HIHO, ", the Company", or ", Highway Holdings", ))) today announced the Company's Board of Directors declared a cash dividend of $0.02 per common share. The dividend will be paid on October 11, 2024 to shareholders of record on October 4, 2024. Roland Kohl, chairman, president and chief executive officer of Highway Holdings, commented, "We are pleased to maintain our long track record of consistently returning capital to shareholders while focusing on unlocking greater value in both up and down markets. Although we have not fully returned to pre-COVID business levels, we are seeing signs of improvement. The Company h

HONG KONG , Aug. 1, 2024 /PRNewswire/ -- Highway Holdings Limited (NASDAQ:HIHO) today reported financial results for the first quarter of fiscal year 2025 ended June 30, 2024. Net sales for the first quarter of fiscal year 2025 ended June 30, 2024 increased 39.3% to $1.88 million compared with $1.35 million in the first quarter of fiscal year 2024. Net gain for the first quarter of fiscal year 2025 was $98,000, or $0.02 per diluted share, compared with net loss of $338,000, or a loss of $0.08 per diluted share in the first quarter of fiscal year 2024. Roland Kohl, chairman, president and chief executive officer of Highway Holdings, commented, "We are seeing signs of improvement and have rea

HONG KONG, July 19, 2024 /PRNewswire/ -- Highway Holdings Limited (NASDAQ:HIHO) today reported results for the fiscal fourth quarter and fiscal year ended March 31, 2024. The Company notes that financial results are not comparable with results in prior years, as ongoing business uncertainties required it to take multiple provision charges. For the fiscal 2024 fourth quarter, net sales were $1.4 million compared to $1.7 million in the year ago period, reflecting the ongoing negative impact of the COVID-19 pandemic and subsequent boom and bust period, which led to a sudden reduction in sales and inventory imbalance at the Company's customers and a material decline in new orders.  Gross profit

HONG KONG, July 12, 2024 /PRNewswire/ -- Highway Holdings Limited (NASDAQ:HIHO) (the "Company" or "Highway Holdings") today announced it has restated its unaudited quarterly financial statements for the three and nine months ended December 31, 2023, which were released in an earnings press release on February 1, 2024. The decision to restate the financial statements was approved on July 12, 2024 by Highway Holdings' Board of Directors upon the recommendation of the Audit Committee of the Board of Directors and after consultation with management. Investors should no longer rely upon the previously released financial statements cited above. Similarly, any other press releases and investor com

HONG KONG, April 2, 2024 /PRNewswire/ -- Highway Holdings Limited (NASDAQ:HIHO, ", the Company", or ", Highway Holdings", ))) today announced the Company's Board of Directors declared a cash dividend of $0.05 per common share. The dividend will be paid on May 3, 2024 to shareholders of record on April 22, 2024. Roland Kohl, chairman, president and chief executive officer of Highway Holdings, commented, "This latest distribution continues our track record of consistently building value for investors, regardless of market conditions. We have maintained a solid financial foundation while continuing to support the near and long-term growth opportunities that will propel our company forward. Bas

HONG KONG, Feb. 1, 2024 /PRNewswire/ --  Highway Holdings Limited (NASDAQ:HIHO) (the "Company" or "Highway Holdings") today reported financial results for its fiscal third quarter and nine months ended December 31, 2023, with a 60% increase in revenue and a $0.06 increase in diluted earnings per share for the fiscal third quarter of 2024, both compared to the year ago period. Net sales for the third quarter of fiscal year 2024 increased 60% to $4.1 million compared with $2.6 million in the year ago period. Net income for the third quarter of fiscal year 2024 increased to $302,000, or $0.07 per diluted share, compared with $52,000 or $0.01 per diluted share in the year ago period. Net sales

HONG KONG, Nov. 16, 2023 /PRNewswire/ -- Highway Holdings Limited (NASDAQ:HIHO, ", the Company", or ", Highway Holdings", ))) today announced the Company's Board of Directors declared a cash dividend of $0.05 per common share. The dividend will be paid on December 23, 2023 to shareholders of record on November 30, 2023. Roland Kohl, chairman, president and chief executive officer of Highway Holdings, commented, "We are pleased to be rewarding all shareholders despite the very difficult business environment the past few quarters. The Company has maintained its financial strength and we are confident about its long-term business." About Highway Holdings Limited Highway Holdings is an internat

HONG KONG, July 13, 2023 /PRNewswire/ -- Highway Holdings Limited (NASDAQ:HIHO) today reported results for the fiscal fourth quarter and fiscal year ended March 31, 2023, which reflect the adverse impact of the sudden lifting of COVID-19 restrictions in China and the lingering negative impact on the Company's business and sales. The Company noted financial results are not comparable with results from prior years, as ongoing business uncertainties required it to take multiple provision charges, while prior periods separately benefited from non-recurring subsidies. For the fiscal 2023 fourth quarter, net sales were $1.7 million compared to $3.0 million in the year ago period, reflecting the ne

HONG KONG, May 22, 2023 /PRNewswire/ -- Highway Holdings Limited (NASDAQ:HIHO, ", the Company", or ", Highway Holdings", ))) today announced the Company's Board of Directors declared a cash dividend of $0.10 per common share. The dividend will be paid on July 12, 2023 to shareholders of record on June 26, 2023. In 2022, the Company distributed 3 separate cash dividends to shareholders totaling $0.25 per common share. Roland Kohl, chairman, president and chief executive officer of Highway Holdings, commented, "The dividend declarations at a difficult time are a direct reflection of the Company's financial strength and an expression of our optimism and confidence in the Company's long term fut

HONG KONG, Feb. 15, 2023 /PRNewswire/ -- Highway Holdings Limited (NASDAQ:HIHO) (the "Company" or "Highway Holdings") today reported results for its fiscal third quarter and nine months ended December 31, 2022, with approximately $1.54 in cash per diluted share. Net sales for the third quarter of fiscal year 2023 were $2.6 million compared with $3.0 million a year ago, reflecting the renewed impact of the COVID-19 pandemic on the Company, its customers and its supply chain, which affected the Company's overall business in the fiscal third quarter. Net income for the third quarter of fiscal year 2023 was $52,000, or $0.01 per diluted share, compared with $240,000 or $0.06 per diluted share fo

HONG KONG, Nov. 15, 2022 /PRNewswire/ -- Highway Holdings Limited (NASDAQ:HIHO, ", the Company", or ", Highway Holdings", ))) today announced the Company's Board of Directors has declared a new cash dividend of $0.05 per common share. The latest dividend will be paid on January 5, 2023 to shareholders of record on December 15, 2022. The Company has already paid $0.20 per share in 2022 through two previous dividends. Roland Kohl, chairman, president and chief executive officer of Highway Holdings, commented, "The dividend declaration is a direct reflection of the Company's financial strength and is another step in our ongoing efforts to build shareholder value." About Highway Holdings Limited

HONG KONG, Oct. 17, 2022 /PRNewswire/ -- Highway Holdings Limited (NASDAQ:HIHO, ", the Company", or ", Highway Holdings", ))) today reported results for its fiscal year 2023 second quarter and six-months ended September 30, 2022. Net sales for the second quarter of fiscal year 2023 were $3 million, compared with $3.4 million in the year ago period, reflecting the adverse impact of shutdowns, disruptions and supply chain issues related to the Zero-COVID policy in China and Hong Kong. Net income for the second quarter of fiscal year 2023 was $396,000, or $0.10 per diluted share, compared with a net income of $242,000, or $0.06 per diluted share in the year ago period. Net sales for the first h

Highway Holdings Limited (NASDAQ:HIHO) today announced its board of directors has declared a cash dividend of $0.15 per share on the company's common stock. The dividend will be paid on October 7, 2022 to shareholders of record on September 30, 2022. About Highway Holdings Highway Holdings is an international manufacturer of a wide variety of quality parts products for blue chip equipment manufacturers based primarily in Germany. Highway Holdings' administrative offices are located in Hong Kong, and its manufacturing facilities are located in Yangon, Myanmar and Shenzhen, China. Except for the historical information contained herein, the matters discussed in this press release are forwa

Highway Holdings Limited (NASDAQ:HIHO) today reported results for its fiscal 2023 first quarter ended June 30, 2022. Net sales for the fiscal 2023 first quarter were $2.94 million compared with $2.99 million a year earlier. Net income for the same period was $390,000, or $0.09 per diluted share, compared with $333,000, $0.08 per diluted share, a year ago. "Results for fiscal first quarter benefited from financial assistance provided by the Chinese and Hong Kong governments to offset some of the costs we incurred as a result of COVID-related required shutdowns that impacted the company's operations in prior periods," said Roland Kohl, chairman, president and chief executive officer of High

--Sales Up Sharply for Both Periods; Return to Profitability for Year-- Highway Holdings Limited (NASDAQ:HIHO) today reported results for its fiscal year ended March 31, 2022 – reflecting a year-over-year improvement due to more normalized levels of operational activity at the company's factories since the beginning of the global pandemic, coupled with increased demand for products. Net sales for the fiscal 2022 fourth quarter increased 62.8 percent to $3.0 million from $1.8 million a year ago – reflecting the benefit of a more normalized level of operations at the company's factory in Myanmar. Sales a year ago were impacted by the closure of the company's Myanmar factory for a two-week p

Highway Holdings Limited (NASDAQ:HIHO) 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 April 8, 2022 to shareholders of record on March 8, 2022. About Highway Holdings Highway Holdings is an international manufacturer of a wide variety of quality parts products for blue chip equipment manufacturers based primarily in Germany. Highway Holdings' administrative offices are located in Hong Kong, and its manufacturing facilities are located in Yangon, Myanmar and Shenzhen, China. Except for the historical information contained herein, the matters discussed in this press release are forward-looki

Highway Holdings Limited (NASDAQ:HIHO) today reported results for its fiscal 2022 third quarter and nine months ended December 31, 2021 – reflecting strong year-over-year improvement for both periods, despite the ongoing impact of COVID-19 and supply chain and delivery challenges. Net sales for the fiscal 2022 third quarter increased by 18 percent to $3.0 million from $2.5 million a year ago. Net income for the same period climbed almost three times to $240,000, or $0.06 per diluted share, from $84,000, or $0.02 per diluted share, in the same quarter a year earlier. For the nine months, net sales increased by 28 percent to $9.4 million from $7.3 million a year ago. For the same period, ne

Highway Holdings Limited (NASDAQ:HIHO) today announced its board of directors has declared a cash dividend of $0.06 per share on the company's common stock. The dividend will be paid on November 24, 2021 to shareholders of record on November 2, 2021. About Highway Holdings Highway Holdings is an international manufacturer of a wide variety of quality parts products for blue chip equipment manufacturers based primarily in Germany. Highway Holdings' administrative offices are located in Hong Kong, and its manufacturing facilities are located in Yangon, Myanmar and Shenzhen, China. Except for the historical information contained herein, the matters discussed in this press release are forwar

Highway Holdings Limited (NASDAQ:HIHO) today reported results for its fiscal 2022 second quarter and six-months ended September 30, 2021. Net sales for the fiscal 2022 second quarter increased 23.7 percent to $3.4 million from $2.7 million a year earlier. Net income for the same period was $242,000, or $0.06 per diluted share, compared with net income of $229,000, or $0.06 per diluted share, a year earlier. Net sales for the first half of fiscal 2022 increased 33.2 percent to $6.4 million from $4.8 million a year earlier. Net income for the same period was $575,000, or $0.14 per diluted share, compared with $6,000, or $0.00 per diluted share, a year ago. "Despite the worldwide impact of

– Net Sales Up 46 Percent; Profitability Returns – Highway Holdings Limited (NASDAQ:HIHO) today reported results for its fiscal 2022 first quarter ended June 30, 2021. Net sales for the fiscal first quarter increased approximately 46 percent to $3.0 million from $2.1 million a year earlier. Net income for the same period was $333,000, or $0.08 per diluted share, compared with a net loss of $223,000, or $0.06 per share, last year. "Results for the fiscal 2022 first quarter benefitted from the carryover of orders that were delayed in the fiscal 2021 fourth quarter due to the global pandemic and other factors discussed in the company's recently announced fiscal year-end results. While we re

Highway Holdings Limited (NASDAQ:HIHO) today reported results for its fiscal year ended March 31, 2021 – reflecting the negative impact of the COVID-19 pandemic and the military takeover in Myanmar on the company's operations in that country and the general shortage of raw materials and components, including electronic components and semiconductor chips. Net sales for the fiscal 2021 fourth quarter were $1.8 million compared with $2.9 million a year ago. The decrease in sales was directly related to the closure of the company's factory in Myanmar for a two week-period in March as a result of the military takeover in that country, as well as the shortage of raw materials and components that

HONG KONG--(BUSINESS WIRE)--Highway Holdings Limited (Nasdaq:HIHO) today announced its board of directors has declared a cash dividend of $0.02 per share on the company’s common stock. The dividend will be paid on April 8, 2021 to shareholders of record on March 1, 2021. About Highway Holdings Highway Holdings is an international manufacturer of a wide variety of quality parts products for blue chip equipment manufacturers based primarily in Germany. Highway Holdings’ administrative offices are located in Hong Kong, and its manufacturing facilities are located in Yangon, Myanmar and Shenzhen, China. Except for the historical information contained herein, the matters discussed in

HONG KONG--(BUSINESS WIRE)--Highway Holdings Limited (Nasdaq:HIHO) today reported results for its fiscal third quarter and nine months ended December 31, 2020, reflecting the impact of the COVID-19 pandemic on its customers and supply chain. Net sales for the fiscal 2021 third quarter were $2.5 million compared with $3.6 million a year ago. For the same period, net income was $84,000, or $0.02 per diluted share, compared with $318,000, or $0.08 per diluted share, in the same quarter a year earlier. For the nine months, net sales were $7.3 million compared with $9.6 million a year ago. For the same period, the company reported net income of $90,000, or $0.02 per diluted share, co