Kandi Technologies Group (NASDAQ:KNDI) Second Quarter 2024 Results

Key Financial Results

• Revenue: US$39.2m (up 8.9% from 2Q 2023).

• Net income: US$1.67m (down 55% from 2Q 2023).

• Profit margin: 4.3% (down from 10% in 2Q 2023).

• EPS: US$0.019 (down from US$0.05 in 2Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Kandi Technologies Group shares are up 9.1% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 2 warning signs for Kandi Technologies Group (1 is a bit unpleasant!) that you need to be mindful of.

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