Kandi Technologies Reports Full Year 2017 Financial Results
Kandi Technologies Group, Inc. - Ordinary Shares (KNDI)
US:NASDAQ Investor Relations:
en.kandivehicle.com/investornews.aspx?classid=3
Company Research
Source: GlobeNewswire
JINHUA, China, March 16, 2018 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (the “Company,” “we” or “Kandi”) (NASDAQ:KNDI), today announced its financial results for the full year ended December 31, 2017. Full Year 2017 Highlights Total revenues were $102.8 million in 2017, a decrease of 20.6% from total revenues of $129.5 million in 2016. EV parts sales decreased by 18.9% to $97.4 million in 2017, compared with EV parts sales of $120.1 million in 2016. Off-road vehicles sales decreased by 4.3% to $5.4 million in 2017, compared with off-road vehicles sales of $5.7 million in 2016. Kandi Electric Vehicles Group Co., Ltd. (The “JV Company”) sold 11,437 EV products in 2017, compared to 10,148 EV products sold in 2016, an increase of 12.7%. GAAP net loss in 2017 was $28.3 million, or $0.59 loss per fully diluted share, compared with GAAP net loss of $6.5 million, or $0.14 loss per fully diluted share in 2016. The primary reason for the GAAP net loss in 2017 was due to $27
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News
- Kandi Technologies Group, Inc. Completes Redomicile Merger [Yahoo! Finance]Yahoo! Finance
- Kandi Technologies Group, Inc. Completes Redomicile MergerGlobeNewswire
- Kandi Technologies Group, Inc. (NASDAQ: KNDI) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Kandi Technologies Group, Inc. (NASDAQ:KNDI) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Kandi Technologies Reports 2023 Financial Results [Yahoo! Finance]Yahoo! Finance
KNDI
Sec Filings
- 4/17/24 - Form 15-12G
- 4/16/24 - Form 6-K
- 3/14/24 - Form 10-K
- KNDI's page on the SEC website