Highway Holdings Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was USD 1.32 million compared to USD 3.04 million a year ago. Net income was USD 0.213 million compared to USD 0.396 million a year ago. Basic earnings per share from continuing operations was USD 0.05 compared to USD 0.1 a year ago. Diluted earnings per share from continuing operations was USD 0.05 compared to USD 0.1 a year ago.
For the six months, sales was USD 2.67 million compared to USD 5.98 million a year ago. Net loss was USD 0.125 million compared to net income of USD 0.783 million a year ago. Basic loss per share from continuing operations was USD 0.03 compared to basic earnings per share from continuing operations of USD 0.19 a year ago. Diluted loss per share from continuing operations was USD 0.03 compared to diluted earnings per share from continuing operations of USD 0.19 a year ago.