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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Mar. 31, 2022
Income Statement [Abstract]      
Revenue from contracts with customers $ 6,321 $ 10,242 $ 12,365
Cost of sales (4,613) (7,101) (8,595)
Gross profit 1,708 3,141 3,770
Selling, general and administrative expenses (2,477) (3,618) (3,203)
Impairment of property, plant and equipment (335)
Impairment of operating lease right of use assets (527)
Operating income (loss) (1,631) (477) 567
Non-operating income:      
Exchange (loss) gain, net 198 32 (24)
Interest income 248 87 11
Other income 30 38
Gain on disposal of property, plant and equipment 16 7 14
Total non-operating income 492 164 1
Income (loss) before income taxes (1,139) (313) 568
Income taxes (note 3) 161 20 (101)
Net income (loss) (978) (293) 467
Net (profit) loss attributable to non-controlling interests 19 (1) (24)
Net income (loss) attributable to Highway Holdings Limited’s shareholders $ (959) $ (294) $ 443
- basic (in Dollars per share) $ (0.22) $ (0.07) $ 0.11
- diluted (in Dollars per share) $ (0.22) $ (0.07) $ 0.11
- basic (in Shares) 4,373,236 4,070,524 4,033,346
- diluted (in Shares) 4,373,236 4,070,524 4,187,731