10Q is out, with improving numbers
Net sales (up 24%) for the three months ended March 31, 2015 were $8.4 million as compared to $6.8 million for the three months ended March 31, 2014.
Jonway Auto’s revenue for the three months ended March 31, 2015 increased by $1.5 million from $6.7 million for the quarter ended March 31, 2014 compared to $8.2 million for the quarter ended March 31, 2015. The sales volume increased because of the launch of the Urbee, a low speed electric vehicle. Urbee sales contributed $2.4 million for the three months ended March 31, 2015.
