Kandi Technologies Group Full Year 2022 Earnings: US$0.16 loss per share (vs US$0.30 profit in FY 2021)

Kandi Technologies Group (NASDAQ:KNDI) Full Year 2022 Results

Key Financial Results

• Revenue: US$117.8m (up 29% from FY 2021).

• Net loss: US$12.1m (down by 153% from US$22.9m profit in FY 2021).

• US$0.16 loss per share (down from US$0.30 profit in FY 2021).

earnings-and-revenue-history

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

Kandi Technologies Group shares are up 2.2% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We've done some analysis and you can see our take on Kandi Technologies Group's balance sheet.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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