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Highway Holdings Ltd Announces Increase In Q3 Profit

Highway Holdings Ltd (HIHO) reported a profit for its third quarter that advanced compared to the same period last year.

The company said its bottom line advanced to $0.38 million, or $0.10 per share. This was up from $0.27 million, or $0.07 per share, in last year's third quarter.

The company said revenue for the quarter fell 7.5% to $5.03 million. This was down from $5.44 million last year.

Highway Holdings Ltd earnings at a glance:

-Earnings (Q3): $0.38 Mln. vs. $0.27 Mln. last year.
-Earnings Growth (Y-o-Y): 40.7%
-EPS (Q3): $0.10 vs. $0.07 last year.
-EPS Growth (Y-o-Y): 42.9%
-Revenue (Q3): $5.03 Mln vs. $5.44 Mln last year.
-Revenue Change (Y-o-Y): -7.5%

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

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