Kandi Technolgies Group Inc. Q4 Earnings Advance 248%

(RTTNews) - Kandi Technolgies Group Inc. (KNDI) announced a profit for its fourth quarter that climbed from last year.

The company said its bottom line totaled $13.9 million, or $0.30 per share. This was up from $4.0 million, or $0.09 per share, in last year's fourth quarter.

The company said revenue for the quarter rose 11.2% to $58.8 million. This was up from $52.9 million last year.

Kandi Technolgies Group Inc. earnings at a glance:

-Earnings (Q4): $13.9 Mln. vs. $4.0 Mln. last year. -Earnings Growth (Y-o-Y): 247.5% -EPS (Q4): $0.30 vs. $0.09 last year. -EPS Growth (Y-o-Y): 233.3% -Revenue (Q4): $58.8 Mln vs. $52.9 Mln last year. -Revenue Change (Y-o-Y): 11.2%