JinkoSolar Holdings Co. (NYSE: JKS) Wednesday introduced monetary outcomes for the fourth quarter of 2024, reporting a internet loss and decrease revenues.
Revenues of the China-based photo voltaic panel maker dropped 37% yearly to $2.83 billion within the December quarter. Adjusted internet loss attributable to shareholders, excluding particular gadgets, was $52.2 million in This autumn, in comparison with a revenue within the corresponding quarter of 2023.
On an unadjusted foundation, the corporate reported a internet lack of $64.9 million or $1.26 per ADS for the fourth quarter. Whole photo voltaic module shipments decreased 5% year-over-year to 26,462 MW through the three months.
The submit JKS Earnings: Highlights of JinkoSolar’s This autumn 2024 outcomes first appeared on AlphaStreet.
