Highway Holdings Limited (NASDAQ:HIHO) belongs to Industrial Goods sector. Its net profit margin is 5.40% and weekly performance is 21.84%. On last trading day company shares ended up $4.24. Highway Holdings Limited (NASDAQ:HIHO) distance from 50-day simple moving average (SMA50) is 21.61%. On 30 June, Highway Holdings Limited (NASDAQ:HIHO) reported Net income for fiscal 2015 increased 93 percent to $1.1 million, or $0.30 per diluted share, from $596,000, or $0.16 per diluted share, in fiscal 2014. Net sales for fiscal 2015 were $22.4 million compared with $22.9 million a year ago, reflecting a previously announced planned phase out of certain low margin business during fiscal 2015. Operating income for fiscal 2015 increased sharply to $1.3 million from $793,000 a year earlier. Gross profit as a percentage of net sales increased in fiscal 2015 to 25.6 percent from 23.8 percent a year earlier, attributable to higher margin product sales and improved pricing – despite higher labor costs and increased costs of operating in China. Gross margins also increased as a result of the lower cost of assembly on the products assembled in Myanmar.
China Yuchai International Limited (NYSE:CYD) shares fell -1.38% in last trading session and ended the day at $15.74. CYD Gross Margin is 20.40% and its return on assets is 3.50%. China Yuchai International Limited (NYSE:CYD) quarterly performance is -17.93%. On 6 July, China Yuchai International Limited (NYSE:CYD) announced that its main operating subsidiary, Guangxi Yuchai Machinery Company Limited (“GYMCL”), has won a competitive bid for nearly 1,300 engines for school buses to be exported to Saudi Arabia. China Yuchai’s engines represent around 90 percent of the total units awarded in this contract.
On 10 July, Air Industries Group (NYSEMKT:AIRI) shares fell -0.70% and was closed at $9.86. AIRI EPS growth in last 5 year was 14.90%. Air Industries Group (NYSEMKT:AIRI) year to date (YTD) performance is -6.27%. Zacks upgraded shares of Air Industries Group (NYSEMKT:AIRI) from a sell rating to a hold rating in a report released on Wednesday.