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Kandi Technologies Reports Second Quarter 2024 Financial Results
KNDIKandi(KNDI) GlobeNewswire News Room·2024-08-16 11:00

Strong Financial Position with ~220millioncashandcashequivalentsReturnedCapitaltoShareholdersviaActiveShareRepurchaseProgramIntroducedOfficiallyLicensedNFLTeamGolfCartsExclusivelyAvailableatLowe’sJINHUA,China,Aug.16,2024(GLOBENEWSWIRE)−−KandiTechnologiesGroup,Inc.(the“Company”,“we”or“Kandi”)(NASDAQGS:KNDI),todayannounceditsfinancialresultsforthesecondquarterof2024.SecondQuarterHighlightsTotalrevenuesincreasedto220 million cash and cash equivalentsReturned Capital to Shareholders via Active Share Repurchase ProgramIntroduced Officially Licensed NFL Team Golf Carts Exclusively Available at Lowe’s JINHUA, China, Aug. 16, 2024 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (the “Company”, “we” or “Kandi”) (NASDAQ GS: KNDI), today announced its financial results for the second quarter of 2024. Second Quarter Highlights Total revenues increased to 39.1 million, up from $36.0 millio ...