Kandi Technologies Group (KNDI) Reports Q2 EPS of $0.21
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Kandi Technologies Reports Second Quarter 2016 Financial Results
August 9, 2016 7:01 AM EDTQ2 2016 revenue increased 15.1% YoY to $55.2 millionQ2 JVs EV products sales exceed expectations by 20%, reaching 7,200, a 61.9% YoY increaseQ2 2016 Non-GAAP net income increased 114.8% YoY to $10.5 million, or $0.22 EPS
JINHUA, China, Aug. 09, 2016 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (the Company, we or Kandi) (NASDAQ: KNDI) today announced its financial results for the second quarter of 2016.
Second Quarter Highlights
Total revenues grew 15.1% to $55.2 million for the second quarter of 2016, compared with $48.0 million for... More