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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.


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