Highway Holdings Limited reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported sales was USD 1.7 million compared to USD 3.01 million a year ago. Net loss was USD 1.13 million compared to USD 0.369 million a year ago. Basic loss per share from continuing operations was USD 0.28 compared to USD 0.09 a year ago. Diluted loss per share from continuing operations was USD 0.28 compared to USD 0.09 a year ago.
For the full year, sales was USD 10.24 million compared to USD 12.37 million a year ago. Net loss was USD 0.294 million compared to net income of USD 0.443 million a year ago. Basic loss per share from continuing operations was USD 0.07 compared to basic earnings per share from continuing operations of USD 0.11 a year ago. Diluted loss per share from continuing operations was USD 0.07 compared to diluted earnings per share from continuing operations of USD 0.11 a year ago.