Kandi Technologies Group, Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was USD 22.86 million compared to USD 24.89 million a year ago. Revenue was USD 22.86 million compared to USD 24.89 million a year ago.

Net loss was USD 0.02911 million compared to USD 1.62 million a year ago.