Photo voltaic panel producer JinkoSolar Holdings Co. (NYSE: JKS) has reported a pointy enhance in first-quarter revenues, reflecting larger manufacturing and cargo of modules. In the meantime, the corporate’s internet revenue declined year-over-year.
Web revenue dropped to $4.57 million or $0.10 per ADS, damage by larger bills and continued provide chain points. Photo voltaic module shipments claimed 57% yearly to eight,390 MW.
Examine this house to learn administration/analysts’ feedback on JinkoSolar’s Q1 2022 earnings
Revenues of the China-based firm rose sharply by 86% to $2.33 billion in the course of the three-month interval. The administration additionally offered steerage for the second quarter and confirmed its earlier outlook for fiscal 2022.
