Kandi Technologies Group (KNDI) Reports Q3 EPS of $0.13

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Go back to Kandi Technologies Group (KNDI) Reports Q3 EPS of $0.13

Kandi Technologies Reports Third Quarter 2015 Financial Results

November 9, 2015 6:57 AM EST

- Q3 EV parts sales increased 35.7% year-over-year to $49.0 million - Q3 operating cash flow reached $11.6 million - Q3 the JV Company sold 6,004 EV products, a 208% increase year-over-year -Q3 EV products direct sales increased 367.2% quarter-over-quarter

JINHUA, China, Nov. 9, 2015 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company," "we" or "Kandi"), today announced its financial results for the quarter ended September 30, 2015.

Third Quarter 2015 Highlights

Total revenues grew 14.3% to $50.5 million for the third quarter of 2015 from $44.2 million for the same period of 2014;... More