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Kandi Tech: 3Q Earnings Snapshot

JINHUA, China (AP) _ Kandi Technologies Group Inc. (KNDI) on Friday reported a third-quarter loss of $6.5 million, after reporting a profit in the same period a year earlier.

The Jinhua, China-based company said it had a loss of 13 cents per share. Losses, adjusted for non-recurring costs, came to 10 cents per share.

The electric and all-terrain vehicle maker posted revenue of $38 million in the period.

Kandi Tech shares have dropped 23 percent since the beginning of the year. The stock has fallen 28 percent 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