JinkoSolar Holdings Co. (NYSE: JKS) Wednesday announced financial results for the fourth quarter of 2024, reporting a net loss and lower revenues.
Revenues of the China-based solar panel maker dropped 37% annually to $2.83 billion in the December quarter. Adjusted net loss attributable to shareholders, excluding special items, was $52.2 million in Q4, compared to a profit in the corresponding quarter of 2023.
On an unadjusted basis, the company reported a net loss of $64.9 million or $1.26 per ADS for the fourth quarter. Total solar module shipments decreased 5% year-over-year to 26,462 MW during the three months.
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Earnings Preview: Intuitive Surgical (ISRG) looks poised for a strong Q4
Intuitive Surgical, Inc. (NASDAQ: ISRG) is a pioneer in robotic-assisted surgical technology, developing advanced systems that enable healthcare professionals to perform minimally invasive procedures with greater precision and efficiency. Having
What to expect when Alaska Air Group (ALK) reports Q4 2025 earnings results
Shares of Alaska Air Group (NYSE: ALK) gained 3% on Thursday. The stock has dropped 26% in the past 12 months. The airline is scheduled to publish its earnings results
GS Earnings: A snapshot of Goldman Sachs’ Q4 2025 results
Banking giant Goldman Sachs Group, Inc. (NYSE: GS) on Thursday reported lower revenues and higher earnings for the fourth quarter of fiscal 2025. Net revenues decreased to $13.45 billion in
