Categories Earnings, Energy

JinkoSolar Holding (NYSE: JKS): Q3 2019 Earnings Snapshot

— JinkoSolar Holding (NYSE: JKS) reported adjusted earnings of RMB6.128 (US$0.856) per ADS for the third quarter of 2019, compared to RMB5.280 per ADS last year.

— Unadjusted net income was RMB363.6 million (US$50.9 million), compared to RMB189.1 million in the third quarter of 2018

— Total revenues increased 11.8% annually to RMB7.48 billion (US$1.05 billion) during the three-month period

— Total solar module shipments were 3,326 megawatts, up 12.6% from 2,953 MW in the year-ago quarter

— Gross margin rose sharply to 21.3% in the third quarter from 14.9% in the year-ago period

— Expects revenue in the range of US$11.7 billion to US$12.3 billion for the fourth quarter; Gross margin is expected to be between 18.5% and 20.5%.

— Expects total solar module shipments to be in the range of 14.0 GW to 14.2 GW in fiscal 2019.

— For fiscal 2020, expects total solar module shipments to be in the range of 18.0 GW to 20.0 GW

Follow our Google News edition to get the latest stock market, earnings and financial news at your fingertips

Most Popular

CCL Earnings: Highlights of Carnival Corporation’s Q4 2025 results

Cruise operator Carnival Corporation & plc (NYSE: CCL) on Friday reported an increase in revenue and adjusted earnings for the fourth quarter of fiscal 2025. Earnings topped analysts' expectations. Revenues

Lamb Weston (LW) Q2 2026 Earnings: Key financials and quarterly highlights

Lamb Weston Holdings, Inc. (NYSE: LW) reported its second quarter 2026 earnings results today. Net sales inched up 1% year-over-year to $1.62 billion. Net sales at constant currency remained flat.

Paychex reports higher Q2 FY26 revenue and earnings; EPS beats estimates

Paychex Inc. (NASDAQ: PAYX) on Friday reported stronger-than-expected adjusted earnings for the second quarter of fiscal 2026. Revenues grew 18% year-over-year. The Rochester-based human capital management solutions provider reported revenues

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top