Kandi Tech: 2Q Earnings Snapshot
JINHUA, China (AP) _ Kandi Technologies Group Inc. (KNDI) on Monday reported second-quarter net income of $4.1 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Jinhua, China-based company said it had net income of 8 cents.
The electric and all-terrain vehicle maker posted revenue of $19.4 million in the period.
Kandi Tech shares have climbed 92% since the beginning of the year. The stock has increased 79% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KNDI at https://www.zacks.com/ap/KNDI