Highway Holdings Limited reported earnings results for the third quarter and nine months ended December 30, 2023. For the third quarter, the company reported sales was USD 4.11 million compared to USD 2.56 million a year ago. Net income was USD 0.302 million compared to USD 0.052 million a year ago. Basic earnings per share from continuing operations was USD 0.07 compared to USD 0.01 a year ago. Diluted earnings per share from continuing operations was USD 0.07 compared to USD 0.01 a year ago.
For the nine months, sales was USD 6.78 million compared to USD 8.55 million a year ago. Net income was USD 0.177 million compared to USD 0.831 million a year ago. Basic earnings per share from continuing operations was USD 0.04 compared to USD 0.2 a year ago. Diluted earnings per share from continuing operations was USD 0.04 compared to USD 0.2 a year ago.