Brief: Kandi Technologies Reports Q1 Loss Per Share Of $0.08

Kandi Technologies

10/05/2021 13:07

May 10 (Reuters) - 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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