Highway holdings reports second quarter fiscal year 2025 results

60.1% year over year increase in second quarter revenue 117.8% year over year increase in second quarter gross profit cash and cash equivalents of $1.28 per diluted share hong 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, we still have a lot of ground to make up to return to our normalized pre-covid business level.
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