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Kandi Technologies Group, Inc. engages in the development, manufacture, and trade of vehicles. Its products include electric cars, tricycles, and tractors. Read More The company was founded on March 31, 2004 and is headquartered in Jinhua, China.
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Simply Wall StMar 18
Investors Who Bought Kandi Technologies Group (NASDAQ:KNDI) Shares A Year Ago Are Now Up 60%
Passive investing in index funds can generate returns that roughly match the overall market. But if you pick the right individual stocks, you could make more than that. For example, the Kandi Technologies Group, Inc. (NASDAQ:KNDI) share price is up 60% in the last year, clearly besting than the market return of around 1.9% (not including dividends). If it can keep that out-performance up over the long term, investors will do very well! Unfortunately the longer term returns are not so good, with the stock fa...
Seeking AlphaMar 15
Kandi gains after earnings
Kandi Technologies (KNDI +1.6% ) says revenue increased 9.4% in 2019 to $112M. Gross margin was up 41% to $20.2M to rep 18.0% of sales. Kandi reduced its operating loss for the year to $1.6M from $26.1M in 2017. Looking ahead, Kandi says it aims to produce and sell 20K EVs in 2019 and obtain the approval of its application for a manufacturing license from the Ministry of Industry and Information Technology to become an official EV manufacturing enterprise with "dual production licenses." Management also ...
Markets InsiderMar 15
Kandi Technologies Reports Full Year 2018 Financial Results
JINHUA, China, March 15, 2019 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (the “Company,” “we” or “Kandi”) (NASDAQ GS: KNDI), announced its financial results for the full year ended December 31, 2018 today. Full Year 2018 Highlights Total revenues were $112.4 million in 2018, an increase of 9.4% from total revenues of $102.8 million in 2017. EV parts sales increased by 1.8% to $99.1 million in 2018, compared with EV parts sales of $97.4 million in 2017. Off-road vehicles sales increased...
-$0.11 per share