Kandi Technologies Group (KNDI) Reports Q1 Loss of $0.03 on Revenues of $6.4M

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/5/2026

1. NVDA
2. PCVX
3. SPY
4. ATH
5. PTC
6. CME
7. USO
8. AMD
9. EVTL
10. KLC

Go back to Kandi Technologies Group (KNDI) Reports Q1 Loss of $0.03 on Revenues of $6.4M

Kandi Technologies Reports First Quarter 2020 Financial Results

June 5, 2020 7:00 AM EDT

JINHUA, China, June 05, 2020 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (the Company, we or Kandi) (NASDAQ GS: KNDI), today announced its financial results for the first quarter of 2020.

First Quarter Highlights

Total revenues decreased 64.7% to $6.4 million for the first quarter of 2020, from $18.1 million in the same period of 2019.Electric Vehicle (EV) parts sales decreased 83.7% to $2.1 million for the first quarter of 2020, compared with $12.8 million in the same period of 2019. Off-road vehicle revenues decreased 23.8% to $4.0 million for the first quarter of 2020 compared with $5.3 million in the... More