Kandi Technologies Reports Third Quarter 2024 Financial Results
Kandi Technologies Group, Inc. - Ordinary Shares (KNDI)
US:NASDAQ Investor Relations:
en.kandivehicle.com/investornews.aspx?classid=3
Company Research
Source: GlobeNewswire
Nine-Month Revenue of Nearly $90M, with Off-Road Vehicles as the Core Revenue DriverStrong Financial Position with $260M in LiquidityNew Leadership to Drive Technology Innovation and Expand Growth, Boosting Market Edge and Launching a Fresh Chapter for the Company JINHUA, China, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (the “Company”, “we” or “Kandi”) (NASDAQ GS: KNDI), today announced its financial results for the third quarter of 2024. Third Quarter and Nine Months 2024 Financial Highlights Q3 revenues decreased to $29.9 million, from $36.4 million in the same period of 2023.Nine-month revenues of $89.8 million slipped 5.7% year-over-year.Off-road vehicles and associated parts in Q3 were the primary source of revenue, decreasing by 9.2% y/y to $27.5 million, compared to $30.2 million in the same period of 2023.Nine-month revenue from off-road vehicles and associated parts decreased by 1.0% y/y to $81.5 million, compared to $82.3 million in the same perio
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News
- Kandi Technologies Appoints New CEO for SC AutosportsGlobeNewswire
- Kandi Technologies Group Third Quarter 2024 Earnings: US$0.048 loss per share (vs US$0.011 profit in 3Q 2023) [Yahoo! Finance]Yahoo! Finance
- Kandi Technologies Reports Third Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
- Kandi Technologies to Report Third Quarter 2024 Financial Results and Hold a Conference Call on November 18, 2024GlobeNewswire
- Kandi Technologies’ Board Approves Several Major Initiatives and New Management’s 2025-2029 Projected Growth PlanGlobeNewswire
KNDI
Sec Filings
- 11/18/24 - Form 6-K
- 11/13/24 - Form 6-K
- 10/11/24 - Form 6-K
- KNDI's page on the SEC website