Highway Holdings FY26 net loss widens to $1.52 million; net sales drop 35.2% to $4.81 million
HIHO•Fiscal 2026 results
- Highway Holdings posted a net loss of USD 1.52 million, swinging from net income, as net sales fell 35.2% to USD 4.81 million.
- Operating loss widened to about USD 2.31 million from about USD 535,000, while gross profit margin slipped 4.9 percentage points to 28.4%.
- Selling, general and administrative costs climbed 22.2% to about USD 3.68 million, including a USD 125,000 impairment charge.
Cash position and regional sales mix
- Cash and cash equivalents declined to about USD 4.41 million from about USD 5.97 million, with USD 1.41 million used in operating activities.
- Europe remained the largest market, though its net sales mix fell 6.5 percentage points to 78.8%; North America rose 3.6 points to 7.5%.
