Kandi Technologies Group (KNDI) Tops Q4 EPS by 21c

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Kandi Technologies Reports Fourth Quarter and Full Year 2015 Financial Results

March 14, 2016 7:02 AM EDT

- Q4 EV parts sales increased 51.6% YoY to $57.5 million- 2015 EV parts sales increased 68.4% YoY to $196.1 million- Q4 the JV Company sold 12,100 EV products, a 231.0% increase YoY- 2015 the JV Company sold 24,220 EV products, a 121.5% increase YoY- Q4 Non-GAAP net income increased 250.9% YoY to $13.9 million, or $0.30 EPS- Full year Non-GAAP net income increased 100.9% YoY to $28.5 million, or $0.61 EPS

JINHUA, China, March 14, 2016 (GLOBE NEWSWIRE) -- Kandi Technologies Group,... More