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BRIEF-Kandi Technologies Reports Q1 Loss Per Share Of $0.08

05/10/2021 08:07
BRIEF-Kandi Technologies Reports Q1 Loss Per Share Of $0.08

- Kandi Technologies Group Inc KNDI.O:

  • KANDI TECHNOLOGIES REPORTS FIRST QUARTER 2021 FINANCIAL RESULTS

  • Q1 LOSS PER SHARE $0.08

  • Q1 REVENUE ROSE 151 PERCENT TO $16 MILLION

  • QTRLY EV PARTS SALES INCREASED BY 206.0% TO $6.4 MILLION, COMPARED TO $2.1 MILLION IN SAME PERIOD OF 2020.

  • QTRLY OFF-ROAD VEHICLES SALES INCREASED BY 39.2% TO $5.6 MILLION, COMPARED TO $4.0 MILLION IN SAME PERIOD OF 2020.

  • QTRLY GROSS MARGIN WAS 27.3%, COMPARED TO 18.3% FOR SAME PERIOD OF 2020

Source text for Eikon: ID:nGNX9PjxLQ

Further company coverage: KNDI.O


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