Kandi Tech: 3Q Earnings Snapshot
JINHUA, China (AP) _ Kandi Technologies Group Inc. (KNDI) on Tuesday reported third-quarter net income of $12.1 million, after reporting a loss in the same period a year earlier.
The Jinhua, China-based company said it had net income of 23 cents per share.
The electric and all-terrain vehicle maker posted revenue of $31.7 million in the period.
The company’s shares closed at $4.83. A year ago, they were trading at $4.71.