Kandi(KNDI) - 2023 Q4 - Annual Results

Exhibit 99.1 Kandi Technologies Reports 2023 Financial Results - $123.6 million net revenue hits a three-year high, marking a return to profitability JINHUA, China, March 14, 2024 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (the "Company", "we" or "Kandi") (NASDAQ GS: KNDI), today announced its financial results for the full year ended December 31, 2023. Full Year 2023 Highlights ● Total net revenues increased by 4.9% to $123.6 million, from $117.8 million in 2022. ● As the primary driver of total re ...