DALLAS, Dec. 28, 2011 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces a stock report featuring Kandi Technologies Corp. (Nasdaq:KNDI). The report details the company's most recent developments and news, outlines its financial position and market performance, and includes an easy-to-read stock chart.
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In the report, the analyst notes:
"Just recently, the Company, together with State Grid, demonstrated the Express-Battery technology at the China International Electric Vehicle and Charging Equipment & Storage Technology Exhibition. The event was sponsored by the China Electricity Council (CEC) in Haikou City, Hainan Province."
"KNDI reported revenues of $10.31 million for the third quarter ended September 30, 2011, compared with $10.48 million in the same period last year. Gross margins increased 0.3% during the latest quarter."
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