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Highway Holdings Limited
Video analysis: HIHO
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News: HIHO
Verde and Highway International Sign Strategic Memorandum of Understanding to Advance Carbon-Sequestering Roads in Singapore
ST. LOUIS and SINGAPORE, Aug. 31, 2026 (GLOBE NEWSWIRE) -- Verde Resources Inc. (OTCQB: VRDR) (“Verde”) today announced that its wholly owned Singapore subsidiary, Verde Resources Asia Pacific Private Limited, has entered into a strategic Memorandum of Understanding (“MoU”) with Highway International Private Limited (“Highway”), one of the leading asphalt producers and road construction specialists in Singapore. The MoU establishes a framework under which Highway and Verde will collaborate to validate Verde's engineered biochar-based carbon platform (which Verde calls the Verde Net Zero Blueprint) in Singapore.
Allison Transmission: Off-Highway Boosts Revenue, But Outlook Remains Mixed
Allison Transmission Holdings, Inc. delivered 92.4% YoY topline growth in Q2 FY26, driven by its off-highway business acquisition and set to continue driving topline growth further. Despite topline momentum, lower-margin off-highway revenue and elevated material costs are likely to pressure ALSN's near-term profitability. I maintain a Hold rating on ALSN, citing unattractive valuation due to weak earnings conversion and continued uncertainty in the legacy North America on-highway segment.
HIGHWAY HOLDINGS SIGNS MASTER AGREEMENT FOR FORMATION OF MAJORITY-OWNED ENERGY STORAGE JOINT VENTURE WITH WOWTIGER BRAND OWNER HUAHU
Expands Highway Holdings into the Energy Storage Market, Creates a Platform for Shifting Towards a Product Business, while Extending its OEM business and Increasing Factory Utilization HONG KONG, Aug. 10, 2026 /PRNewswire/ -- Highway Holdings Limited (Nasdaq: HIHO, the "Company" or "Highway Holdings") today announced it has signed the master agreement contemplated by the letter of intent with Guangdong Huahu New Energy Technology Co., Ltd. ("Huahu") that was signed and announced on July 22, 2026.
Vision Marine Technologies Completes Sale of 1440 S. Federal Highway Under Florida Real Estate Optimization Plan
Completed transaction reflects continued execution toward a simplified and more efficient operating footprint. FORT LAUDERDALE, Fla.
UPDATE: HIGHWAY HOLDINGS UPDATES RECORD DATE FOR US$0.05 CASH DIVIDEND PER SHARE
HONG KONG, July 29, 2026 /PRNewswire/ -- Highway Holdings Limited (Nasdaq: HIHO) today announced that the $0.05 per common share cash dividend declared by the Company's Board of Directors will be paid on September 22, 2026 to shareholders of record on August 10, 2026, rather than August 8 as indicated in the Company's press release on July 27, 2026. Roland Kohl, chairman, president and chief executive officer of Highway Holdings, commented, "We are pleased to declare a dividend that recognizes the loyalty of our shareholders and reflects our strengthened financial position and confidence in the Company's future.
HIGHWAY HOLDINGS DECLARES US$0.05 CASH DIVIDEND PER SHARE; COMPANY SETS DIVIDEND RECORD AND DISTRIBUTION DATES
HONG KONG, July 27, 2026 /PRNewswire/ -- Highway Holdings Limited (Nasdaq: HIHO) today announced that the Company's Board of Directors declared a cash dividend of $0.05 per common share. The dividend will be paid on September 22, 2026 to shareholders of record on August 8, 2026.
HIGHWAY HOLDINGS SIGNS LOI TO LAUNCH MAJORITY-OWNED ENERGY STORAGE VENTURE WITH WOWTIGER BRAND OWNER HUAHU
Proposed Venture Combines Highway Holdings' Global Manufacturing and Commercial Platform with Huahu's Energy Storage Technology HONG KONG, July 22, 2026 /PRNewswire/ -- Highway Holdings Limited (Nasdaq: HIHO) today announced that it has signed a letter of intent ("LOI") with Guangdong Huahu New Energy Technology Co., Ltd. ("Huahu"), a China-based manufacturer of battery energy storage systems marketed under the Wowtiger brand.
HIGHWAY HOLDINGS OPENS FISCAL 2027 WITH 29% YOY REVENUE GROWTH, 58% YOY GROSS PROFIT GROWTH AND RETURN TO OPERATING PROFITABILITY
Gross margin expanded approximately 800 basis points year-over-year to 42% Net income attributable to Highway Holdings shareholders increased 79% year-over-year to $109,000; diluted EPS doubled year-over-year to $0.02 Quarter-end liquidity remained solid with $3.9 million in cash, $4.0 million in working capital and a 2.4-to-1 current ratio HONG KONG, July 20, 2026 /PRNewswire/ -- Highway Holdings Limited (Nasdaq: HIHO) today reported financial results for the first quarter of fiscal year 2027 ended June 30, 2026. On a year over year basis, first fiscal quarter 2027 revenue rose 29% and gross profit increased 58%, while the Company produced a $197,000 operating-profit improvement despite substantially lower non-operating income.