Categories AlphaGraphs, Earnings, Energy
JKS Earnings: JinkoSolar reports lower revenue and adj. profit for Q2
JinkoSolar Holdings Co. (NYSE: JKS) Friday reported a fall in revenues for the second quarter of 2024. Adjusted profit declined sharply during the three months.
Revenues of the China-based solar panel maker dropped 22% annually to $3.31 billion in the June quarter. Adjusted net income attributable to shareholders, excluding special items, was $52.1 million in Q2, which is sharply lower than the adjusted profit recorded in the prior year quarter.
On an unadjusted basis, the company reported a net loss of $13.86 million or $0.29 per ADS for the second quarter. During the quarter, total solar module shipments increased 44% year-over-year to 25,318 MW.
Prior Performance
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: Fastenal Company likely to report higher Q2 sales and profit
Fastenal Company (NASDAQ: FAST), a leading provider of industrial and construction supplies, is set to publish its second-quarter results next week. The company is among the hardest hit by the
What to look for when Netflix (NFLX) reports its Q2 2025 earnings results
Shares of Netflix, Inc. (NASDAQ: NFLX) stayed red on Monday. The stock has gained 50% over the past three months. The streaming giant is scheduled to report its earnings results
Coinbase shines on stablecoin boom, S&P 500 debut. Will the rally continue?
Coinbase Global, Inc. (NASDAQ: COIN) has emerged as the largest and most user-friendly cryptocurrency exchange in the US, since going public a few years ago. It has played a pivotal
