| Business Summary | | Highway
Holdings
Limited
is
a
holding
corporation
whose
operations
include
acting
as
a
manufacturer
of
metal
parts
for
major
Japanese,
German
and
United
States
original
equipment
manufacturers;
a
manufacturer
of
clocks
and
clock
movements,
and
a
third-party
manufacturer
of
single-use
and
low-end
35mm
cameras.
The
Company
manufactures
clocks
for
third-party
distributors
and
for
its
own
account,
which
the
Company
sells
primarily
in
Europe
under
its
own
brand
name.
In
2000,
the
Company
intends
to
emphasize
its
clock
manufacturing
and
distribution
business,
with
particular
emphasis
on
further
developing
and
marketing
its
own
brand
name,
Kienzle,
which
the
Company
acquired
through
the
purchase
of
Kienzle
Uhrenfabrik
GmbH,
a
Germany-based
clock
manufacturer,
in
1997. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Highway
Holdings
Limited
operates
in
two
business
segments:
metal
stamping,
including
tooling
design
and
manufacturing,
and
the
manufacture
and
assembly
of
cameras
and
clocks.
For
the
fiscal
year
ended
3/31/01,
revenues
decreased
4%
to
$17.5
million.
Net
loss
totaled
$1.3
million,
up
from
$265
thousand.
Revenues
reflect
a
decrease
in
sales
of
clocks
and
cameras.
Net
loss
also
reflects
a
lower
gross
margin
due
to
pricing
pressures
and
a
change
in
product
mix. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Roland Kohl, 51 | Chairman
and CEO | Po Fong, 34 | CFO
and Sec. | Satoru Saito, 51 | Managing
Director, Metal Stamping Operations | May Tsang Shu Mui, 40 | Director,
Factory Mang. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|