JinkoSolar Holdings Co. Reports Strong Q4 2023 Earnings and Fiscal Guidance
Wednesday, 20 March 2024, 13:46
JinkoSolar Q4 2023 Earnings Report
JinkoSolar Holdings Co. (NYSE: JKS) announced impressive financial results for the fourth quarter of 2023. The company's revenue saw a notable surge, marking a 9% annual increase to reach $4.62 billion.
Key Highlights:
- Total solar module shipments increased by 57% year-over-year to 26,335 MW.
- Adjusted net income reached $65.2 million in Q4, showcasing a significant rise from the previous year.
- Unadjusted net profit for the quarter was $4.1 million or $0.08 per ADS.
The strong performance and positive outlook provided by JinkoSolar reflect the company's growing presence in the solar energy sector.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.