Highway Holdings (HIHO) has released an update.
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Highway Holdings Limited has reported a significant increase in their second quarter fiscal year 2025 results, with revenues up by 60.1% and gross profits soaring by 117.8% compared to the previous year. Despite the challenges of a post-COVID economy and international conflicts, the company has a strong cash position with over $5.6 million on hand. They remain optimistic about future growth, especially with the start of a new motor project expected to further improve financial performance.
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