Highway Holdings Limited (HIHO)

Highway Holdings Income Statement

Financials in millions USD. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	5.36	7.41	6.32	10.24	12.37	9.17
Revenue Growth (YoY)	-27.01%	17.26%	-38.28%	-17.17%	34.87%	-27.00%
Cost of Revenue	3.94	4.94	4.61	7.1	8.6	6.46
Gross Profit	2.3	2.47	1.71	3.14	3.77	2.71
Selling, General & Admin	3.24	3.01	2.48	3.62	3.2	3.32
Total Operating Expenses	3.24	3.01	2.48	3.62	3.2	3.32
Operating Income	-0.94	-0.54	-1.63	-0.48	0.57	-0.62
Interest Income	0.18	0.2	0.25	0.09	0.01	0.02
Other Non-Operating Income (Expense)	0.42	0.48	0.24	0.08	-0.01	0
Total Non-Operating Income (Expense)	0.61	0.68	0.49	0.16	0	0.02
Pretax Income	-1.21	0.15	-1.14	-0.31	0.57	-0.6
Provision for Income Taxes	-0.45	0.04	-0.16	-0.02	0.1	-0.15
Net Income	-0.74	0.11	-0.96	-0.29	0.44	-0.46
Minority Interest in Earnings	0.01	-0	0.02	-	0.02	0.01
Net Income to Common	-0.74	0.11	-0.96	-0.29	0.44	-0.46
Shares Outstanding (Basic)	3	4	4	4	4	4
Shares Outstanding (Diluted)	3	4	4	4	4	4
Shares Change (YoY)	2.47%	0.66%	7.43%	-2.80%	4.53%	2.47%
EPS (Basic)	-0.16	0.02	-0.22	-0.07	0.11	-0.12
EPS (Diluted)	-0.16	0.02	-0.22	-0.07	0.11	-0.12
Dividends Per Share	0.050	0.120	0.150	0.200	0.170	0.180
Dividend Growth	-58.33%	-20.00%	-25.00%	17.65%	-5.56%	125.00%
Gross Margin	26.58%	33.32%	27.02%	30.67%	30.49%	29.53%
Operating Margin	-33.91%	-7.22%	-25.80%	-4.66%	4.59%	-6.72%
Profit Margin	-14.18%	1.47%	-15.47%	-2.86%	3.78%	-4.95%
EBITDA	-1.82	-0.54	-1.63	-0.48	0.57	-0.62
EBIT	-0.94	-0.54	-1.63	-0.48	0.57	-0.62
EBIT Margin	-33.91%	-7.22%	-25.80%	-4.66%	4.59%	-6.72%
Effective Tax Rate	37.19%	25.85%	14.14%	6.39%	17.78%	24.33%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q