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Kandi Tech: 1Q Earnings Snapshot

JINHUA, China (AP) _ Kandi Technologies Group Inc. (KNDI) on Friday reported a first-quarter loss of $4.4 million, after reporting a profit in the same period a year earlier.

The Jinhua, China-based company said it had a loss of 9 cents per share.

The electric and all-terrain vehicle maker posted revenue of $18.1 million in the period.

Kandi Tech shares have risen 40% since the beginning of the year. The stock has fallen almost 5% in the last 12 months.


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