Highway holdings reports second quarter fiscal year 2024 results

Hong kong , oct. 23, 2023 /prnewswire/ -- highway holdings limited (nasdaq: hiho, "the company" or "highway holdings") today reported results for the second quarter of fiscal year 2024 and the six months ended september 30, 2023. reflecting the significantly negative impact of the post-covid boom and bust cycle on highway holdings' customers' demand levels, which was made worse by the compounding effect of the ongoing russia/ukraine war and global inflation, net sales for the second quarter of fiscal year 2024 were $1.3 million, compared with $3.0 million in the year ago period.
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