Kandi Technologies Group (KNDI) Reports Q2 EPS of $4.90; Issues Q3 Outlook
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Kandi Technologies Announces Second Quarter 2015 Financial Results
August 10, 2015 7:17 AM EDT- Q2 EV parts sales increased 168.3% year-over-year to $46.6 million
- Q2 JV Company sold 4,446 EV products, an 8.1% increase year-over-year
JINHUA, China, Aug. 10, 2015 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (the "Company" or "Kandi") (NASDAQ: KNDI), today announced its financial results for the quarter ended June 30, 2015.
Second Quarter 2015 Highlights
Total revenues grew 45.5% to $48.0 million for the second quarter of 2015 from $33.0 million for the second quarter of 2014; Â Electric Vehicle ("EV") parts sales increased 168.3% to $46.6 million... More