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JinkoSolar's Q4 Earnings Drop While Revenue Increases -- Shares Decline Premarket
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JinkoSolar's Q4 Earnings Drop While Revenue Increases -- Shares Decline Premarket
Mar 20, 2024 3:41 AM

06:26 AM EDT, 03/20/2024 (MT Newswires) -- JinkoSolar Holding ( JKS ) reported Q4 earnings Wednesday of 0.54 renminbi ($0.08) per diluted American depositary share, down from 5.01 renminbi a year earlier.

Revenue for the quarter ended Dec. 31 was 32.83 billion renminbi ($4.62 billion), up from 30 billion renminbi a year earlier.

Three analysts surveyed by Capital IQ expected revenue of $4.18 billion.

The Chinese solar panel company's shares were down around 1% in recent Wednesday premarket activity.

Price: 26.2, Change: -0.25, Percent Change: -0.95

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